Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by jeremyjh on Tuesday June 11, 2019 @12:36PM
(#20157018)
Our relationship with China looked a lot different in July, 2016 when they took that investment.
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Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by ggggtez on Tuesday June 11, 2019 @05:54PM
(#20159866)
July 2016? Are you sure? If I was a US company, I'd certainly be cautious of overseas investment from China. Everyone knows they don't respect IP or Copyright laws, steal technology, and more. You would want to very carefully weigh the risks before doing business with a non-democratic nation, even outside of this administration's policies. Anyone planning on doing business with the US Government would be very aware that China is not an ally.
https://en.wikipedia.org/wiki/China%E2%80%93United_States_tr...
Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by fmajid on Tuesday June 11, 2019 @01:15PM
(#20157406)
CFIUS was established in 1975, got extensive powers to block deals in 1988, and even in 2013-2015 20% of their cases involved China.
Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by elefanten on Tuesday June 11, 2019 @12:45PM
(#20157100)
Ehhh.. no, not really. Not to anyone watching China beyond what appears in the mainstream headlines.
Things have been on a strong downtrend since 2012 and alarms have been ringing loud since around 2014.
Edit: Anyone writing a business plan including sensitive technology sales to the US government should DEFINITELY have seen this coming in 2016.
Edit2: Also, candidate Trump had loudly been yelling about China for over a year at that point
Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by umeshunni on Tuesday June 11, 2019 @03:52PM
(#20158929)
> Things have been on a strong downtrend since 2012 and alarms have been ringing loud since around 2014.
Can you elaborate?
Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by elefanten on Tuesday June 11, 2019 @09:48PM
(#20161069)
The short version: that's when Xi Jinping took power and started very quickly undoing all kinds of moves toward moderation and reform that had been undertaken by the previous few leaders.
He ramped up control over the population, consolidated power for himself and cracked down on dissidents/party criticism.
The 2014 bit is more subjective, but going from memory that's when I started to regularly see semi-mainstream technology, business and politics publications focusing on problems/concerns with China.
Re:Chinese Cash Is Suddenly Toxic in Silicon Valley, Followi...
by solidsnack9000 on Tuesday June 11, 2019 @01:36PM
(#20157593)
Seems like many of those who provide services to the government are familiar with the Berry Amendment and the implications of the “qualifying countries” list.