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by grp 1317 days ago
> those (chinese) companies largely exist thanks to their state barring competition from the outside

> (...)the United States government will clamp down on them hard.

In the same sentence, nice one. :)
1 comments
bioemerl 1317 days ago
As they say - do onto others.

American companies today don't need the protection. They are better companies.

With China now using state imbalances to fund their tech sector, restrictions will be needed. You can't compete with free stuff backed by a foreign state.

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gmm1990 1317 days ago
What makes you believe that the US companies are fundamentally better? Tictoc seems to outcompete US social media companies lately and Tesla said themselves their only competition comes from China. I don't think Bytedance has a huge burn rate or at least higher than could be funded on the public markets, no need for state backing.
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bioemerl 1317 days ago
Right now they just are.

Larger world market share. More internal diversity and understanding of other cultures.

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