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by wumeow
534 days ago
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> About two years ago China imposed regulations on its own tech sector so strict that it killed the entire "ed-tech" sector overnight and wiped out a decent chunk of the country's tech market value Unless you can point to a foreign company that was treated less harshly under these regulations than a Chinese one, this doesn’t disprove the parent’s point. > The US has slapped a 100% tariff on cars, bans on Chinese hardware and software in autonomous vehicles, ripping out 5G equipment, tried to basically destroy Huawei specifically, and the list goes on. Besides the car tariffs, these measures were taken to prevent Chinese hacking and intelligence gathering, not to protect domestic industries. |
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Less? Foreign companies are supposed to get privileges? My point was they're treated equally by and large. The parent should substantiate their point, how does one disprove an unsubstantiated accusation? I'm genuinely not aware of a company that, as long as they played by domestic rules, was mistreated. Tesla operates in China, they get the same subsidies Chinese EV makers get, as does every German car company.
The other user pointed to tech companies like FB, YT or Google, but they didn't leave because they were treated unfairly, they left when they didn't want to comply with Chinese law. Which is fair enough from a value standpoint or if Americans pressure the companies into it with for example Dragonfly at Google, but that doesn't mean you're treated any worse than domestic companies.