Re:China Has Whole Towns Focused on Making Electric Cars
by zhte415 on Monday June 03, 2019 @01:48PM
(#20085951)
> WFOE cannot sell directly to Chinese consumers.
Well, I can open up a sandwich shop. A foreign owned entity will indeed probably get scrutiny. A couple of friends have shops selling sandwiches (one toasted, one pizza type). They are WFOEs!
I don't sell sandwiches. I mainly work in tech, finance and HR (generalist, I suppose). Some industries are controlled, even in another reply someone mentioned Tesla's plant is 100% owned. If waving fans, I have been in China (mainland) for two decades.
What you type about ownership rules is utterly incorrect. You don't seem able to drop the ball.
Edit: I'm going to drop the ball here and discontinue this. I wish you a good day.
Well, I can open up a sandwich shop. A foreign owned entity will indeed probably get scrutiny. A couple of friends have shops selling sandwiches (one toasted, one pizza type). They are WFOEs!
I don't sell sandwiches. I mainly work in tech, finance and HR (generalist, I suppose). Some industries are controlled, even in another reply someone mentioned Tesla's plant is 100% owned. If waving fans, I have been in China (mainland) for two decades.
What you type about ownership rules is utterly incorrect. You don't seem able to drop the ball.
Edit: I'm going to drop the ball here and discontinue this. I wish you a good day.