Re:IBM bans USB, SD cards, flash drives and portable devices...
by petra on Wednesday May 16, 2018 @03:48PM
(#17085831)
How can they prevent migration of talented people, given China's infinite war chest ?
[ Parent
| on HN ]
Re:IBM bans USB, SD cards, flash drives and portable devices...
by wolfgke on Wednesday May 16, 2018 @04:50PM
(#17086363)
> How can they prevent migration of talented people, given China's infinite war chest ?
The Renminbi is very difficult to convert.
Re:IBM bans USB, SD cards, flash drives and portable devices...
by basementcat on Wednesday May 16, 2018 @05:18PM
(#17086589)
I've never had a problem converting modest amounts of CNY <-> USD at any bank in China or in the USA. Are you referring to capital export controls (~100k CNY/year)?
Re:IBM bans USB, SD cards, flash drives and portable devices...
by wolfgke on Wednesday May 16, 2018 @05:24PM
(#17086632)
> Are you referring to capital export controls (~100k CNY/year)?
Yes.
Re:IBM bans USB, SD cards, flash drives and portable devices...
by avastmick on Wednesday May 16, 2018 @08:01PM
(#17087459)
Sorry, this is not true.
I live and work in China and move far than that a year. Also the NZ / Australian property markets are both in a bubble caused by Chinese cash investment by wealthy individuals, 100k CNY won't buy anything.
100k CNY is only 15k USD.
Re:IBM bans USB, SD cards, flash drives and portable devices...
by basementcat on Friday May 18, 2018 @07:46PM
(#17105785)
Are the capital restrictions only enforced on citizens or are there trivial workarounds? ("education" or "travel" expenses)
Re:IBM bans USB, SD cards, flash drives and portable devices...
by user5994461 on Wednesday May 16, 2018 @04:50PM
(#17086360)
China is in China. Geography is a pretty good limitation against poaching.