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Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seanmcdirmid on Saturday August 01, 2020 @03:40PM (#24023277)
Not that it justifies our behavior, but I can’t help but cringe a bit when considering how China locks American companies out of its market but expects better access for Chinese companies in the American market. America-Chinese relations started going downhill in 2009 when China thought it prudent to start blocking most Americans services, America just took a decade to follow up with similar bad behavior.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by brightball on Saturday August 01, 2020 @04:09PM (#24023500)
Agreed completely. The degree of pressure that China applies outside of software is also very unsettling. The latest episode with the NBA allowing players to promote social causes on their uniforms for example...unless you’re supporting Hong Kong or Taiwan. It’s appalling.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by pm90 on Saturday August 01, 2020 @04:50PM (#24023799)
America applies diplomatic pressure too, for the things it finds important. This is how international politics work.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by sidlls on Saturday August 01, 2020 @05:12PM (#24023946)
There’s diplomatic pressure and then there’s egregious crackdowns in service of totalitarianism.
[dead]
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by sidlls on Saturday August 01, 2020 @09:33PM (#24025552)
The US, for all its flaws, is not yet a dictatorship that oppresses any opposition to the government with harsh penalties including imprisonment end execution.

We’ve got serious problems and are well down the path of a fascist police state, but we aren’t there yet. Compared to China we very much can take the moral high ground.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by billfruit on Saturday August 01, 2020 @04:27PM (#24023630)
Really this move seems nothing related at all to US companies not having sufficient access to China. If then why this 10 year gap from action to reaction. Many here seems to take this particular view of this move being a retaliation of some sort, but I feel that is a naive view of what US is doing here and how it will be perceived around the world.

Put in specific data protection/privacy laws and regulations applicable to all players, not hound a single company without being able to prove any wrong doing in their part, or offering them a fair, due process.. it seems all arbitrary, discriminatory.. wrong in principle.. yet seems to cheered on by some, merely because it gives a semblance of going one up over a perceived adversary.

Retaliation or not, it is essentially arbitrary act, insufficiently justified in an open society.

International politics being driven with the ethos of a school playground.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by the8472 on Saturday August 01, 2020 @04:45PM (#24023758)
> If then why this 10 year gap from action to reaction.

Perhaps due to a change in administration to one that is willing to engage in retaliation because globalisation is less popular with its voter base.

> Put in specific data protection/privacy laws and regulations applicable to all players, not hound a single company without being able to prove any wrong doing in their part,

The argument here is that china's protectionist trade practices should normally be addressed through the WTO but that was seen as ineffective because any compliance efforts were in name only.

TPP might have addressed some of this, but that was also dropped due to public opinion.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by dasudasu on Saturday August 01, 2020 @05:37PM (#24024099)
China was never part of the TPP. But any treaty or international norm has and will be disregarded if it has any downside to them. Their own domestic laws are only selectively enforced.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by javagram on Saturday August 01, 2020 @05:47PM (#24024172)
TPP was created to counterweight China’s influence by increasing commercial ties between other Southeast and East Asian nations and the USA/Canada.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by manfredo on Saturday August 01, 2020 @06:22PM (#24024406)
Politics moves slowly. 10 years is barely more than 1 presidency.

China bans Facebook despite the company offering to comply with censorship/propaganda rules (and Zuckerberg even offering Xi to name his child). The ban is unambiguously due to strategic concerns over a foreign company having access to user data. The change in US policy towards Chinese apps is not retaliation, it's just the US coming to the same conclusion as China that letting rivals foreign powers control media companies is unwise.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by wadkar on Saturday August 01, 2020 @08:22PM (#24025170)
> The ban is unambiguously due to strategic concerns over a foreign company having access to user data

So Europe/India/everyone else should ban US apps? It becomes a slippery slope.

> the US coming to the same conclusion as China that letting rivals foreign powers control media companies is unwise.

If you’re worried about a foreign company manipulating media then put in laws and regulations. That way American companies can be hold accountable to the same standards by other countries as non-American companies and creating a level playing field.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by khuey on Saturday August 01, 2020 @08:42PM (#24025281)
If Europe is concerned that the US is a threat to its collective security they might want to start with getting rid of all our military bases and alliances before worrying about comparatively trivial matters like apps.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ClumsyPilot on Saturday August 01, 2020 @11:49PM (#24026173)
These media platforms are unaccountable, they sway electrions, enabled breaches of electoral law in UK referendum, spread popularity of Nazism, etc.

On the other hand i am not aware of any major damage caused by 10K or so troops stationed here or there.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by manfredo on Saturday August 01, 2020 @09:26PM (#24025515)
> So Europe/India/everyone else should ban US apps? It becomes a slippery slope.

Are Europe and India concerned by a US company controls popular social media companies? Evidently not enough to ban them, and if in the future if they are then that's their prerogative.

> If you’re worried about a foreign company manipulating media then put in laws and regulations.

They did: The US put laws in place that allows the executive to block commerce when it is deemed a strategic threat. And now those laws are being exercised against a media company controlled by a geopolitical rival.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ClumsyPilot on Saturday August 01, 2020 @11:45PM (#24026159)
>> "Zuckerberg even offering Xi to name his child"

Seems like this idiotic move did not win him any favours. Maybe for once they made the right call.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by justicezyx on Sunday August 02, 2020 @12:43AM (#24026412)
I don't think FB agree to comply the China's Internet data law.

There were negotiation and Zuck showed the flexibility of a seasoned political acting genius (I am sure he will regret this segment in his life eventually). But there were never fully public conformation that FB intends to bend over the law in China.

Please provide a link.

If GB indeed plan to comply the law, then I can assure anyone that Zuck intends to use it's business empire to advance his political ambition. That probably would be worse than Hitler's ascension...

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by benchen70 on Sunday August 02, 2020 @03:38AM (#24027071)
China can do whatever it wants, US can do whatever it wants. Whatever a country wants to do has nothing to do with how it governed, law or not. Law is a set of communally mutually agreed upon rules, so a society can function. However, the key is the word "communal", as in - which community is agreeing upon this law. China can complain that the new laws in the US is illegitimate, but the laws are made by Americans for Americans. Of course the law is not going to extend outside US, for example, they do not dictate what some Canadian company operating in Canada can do. But, in the US, these laws are there for Americans, for American soil, under the territory that the US government formally rules over. Of course, the US makes these rules, because it is its sovereign right to do so. China has no authority over how or why this law is made. Just like the US has no authority to say how Chinese government creates laws.

But then again, China likes to say “Do not interfere in our internal matters”; the US can say the same thing.

I am not American by the way, so have no beef in this.

So hey, I am all popcorns on this at the moment. The next few years are going to be interesting.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by justicezyx on Sunday August 02, 2020 @12:38AM (#24026388)
Us corps have access to Chinese market. Otherwise they wouldn't have been so courteous to Chinese pressure and sentiment. For example, Apple draw > 10% from mainland China.

There is a common misconception that corps like Google Facebook were banned without legitimate reason. The truth is that China has outrageous internet law that Google Facebook would violate their meal standard in order to operate inside China. Google claims Chinese government hacked their corporation data centers.

Nuances ate everywhere...

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toomuchtodo on Saturday August 01, 2020 @04:42PM (#24023736)
How else would you negotiate with a bully like China? America is a bully too, but without Uighur concentration camps, fleets of fishing vessels farming the sea to extinction, outrageous claims over the South China Sea, etc.

You can only turn a blind eye so long to a competitor’s unreasonable actions (in this scope, IP/trade secrets and the like). As a US citizen, I endorse any actions intended to remove or subdue CCP influence, power, and control (domestically or internationally). None of this comment should be construed as a sleight against the Chinese people in aggregate.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by mcji on Sunday August 02, 2020 @03:07AM (#24026940)
> America is a bully too, but without Uighur concentration camps, fleets of fishing vessels farming the sea to extinction, outrageous claims over the South China Sea, etc.

but with Guantanamo Bay detention camp, bombming Iraq with fabricated evidence and killing hundreds of thousands innocent Iraqi people. Oh, let's not forget how Uncle Sam extended their territory by slaughtering Native Americans since 15th century. You even have a festival to celeberate the genocide and conquest of Native Americans by colonists.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toxik on Sunday August 02, 2020 @05:21AM (#24027478)
Better not look into Chinese history then
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toomuchtodo on Sunday August 02, 2020 @11:16AM (#24029221)
dang, apologies this was flagged for your attention, I don’t understand why it was flagged but I’m actively seeking alternative forums [1] where this sort of discussion is welcome.

[1] https://news.ycombinator.com/item?id=24028512

[dead]
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by Grimm1 on Saturday August 01, 2020 @05:02PM (#24023883)
https://www.usatoday.com/story/money/2019/07/14/china-us-cou...

Easily fact checked. China doubles the US on both Co2 and Methane emissions.

Edit: Got downvoted, but it's still true the above post is outright incorrect information.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ClumsyPilot on Saturday August 01, 2020 @11:55PM (#24026207)
Which means that they emit much less per person. Or should countries be compared with no refrerence to their population, in which case Saudi Arabia is doing great?

Additionally, USA has had decades of relative prosperity to clean up its emissions, but did nothing.

Meanwhile China has more electric busses than the rest of the world combined, more hifgh-speed raio than the rest of the world combined, lead the world in investment in renewables and nuclear and are on track to meet their Paris accord commitment, unlike US.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by Grimm1 on Sunday August 02, 2020 @09:48AM (#24028672)
Looking at it per population is kind of ridiculous when it's very obviously corporations and manufacturing responsible for most green house gasses. The average person barely makes a difference both in regards to pollution, resource consumption and plastics.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ClumsyPilot on Sunday August 02, 2020 @04:58PM (#24031689)
You have a point, but population is still the key metric. Corporatuons are, after all, made up of people. Whether those people produce emissions in their private life, or in their jobs.

Furthermore this is a production based accounting of CO2, if you instead do consumption-based accounting of CO2 then you will see a dramativally more savage picture.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by whoevercares on Saturday August 01, 2020 @05:31PM (#24024063)
Does comparing the total always make sense? How about we take the average? Twice the amount means each Chinese person emit about 1/5 greenhouse of an American does. Man are created equal and Chinese people have the equal right to emit for their own prosperity

Reminds me of some downplay of China’s progress by looking at averages

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toomuchtodo on Saturday August 01, 2020 @05:34PM (#24024079)
Prosperity is not a right. Past emissions by some do not create future emissions allowances for others. We should all be held accountable for future emissions, as the climate cares little for equality concerns.

With that said, it’s entirely feasible to transition faster to not needing to emit carbon to raise or maintain quality of life. As I mention above, everyone should be accountable for that.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by ClumsyPilot on Saturday August 01, 2020 @11:57PM (#24026213)
Past emissions allowed countries to build wealth, and if wealthy countriss are failing to clean uo their act, why do you wxpect poorer countries like India or Vietbam to make a sacrafice?
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by whoevercares on Saturday August 01, 2020 @05:42PM (#24024139)
> prosperity is not right

If we directly translate this to Chinese, the statement doesn’t make any sense. Is “pursuing prosperity” a right?

Looks like between the two cultures there might be quite a diverge Of the definition of “right”

Otherwise though I agree with what you said and China probably has been making a good progress already. Believe it or not, low Carbon life style is promoted by the official media

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Sunday August 02, 2020 @06:27AM (#24027722)
Trump's top advisor on China is a complete nutjob who knows nothing about China: Peter Navarro, author of "Death by China."

Navarro doesn't speak Chinese, and before he joined the Trump administration, he had hardly even been to China. In recent months, he's been promoting anti-Chinese conspiracy theories about CoVID-19. He's an ideologue who believes that the US is in a death struggle with China.

So if you're wondering why US policy has changed, looking at who's in office is a start. The scary thing is how successful the Trump administration has been in promoting its views on China among the public.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by x86_64Ubuntu on Saturday August 01, 2020 @06:56PM (#24024642)
It's not related to anything China has done over the past years. It's the fact that TikTok users embarrassed Trump, so sympathetic conservatives are looking for any and every Trump-free reason to support the president unilaterally banning something. Mind you, these are the same people that scream about "free speech" when YouTube or Twitter deplatforms Nazis and other right-wing white supremacists.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by getmeoutofhere on Saturday August 01, 2020 @07:54PM (#24025007)
China's actions are actually legal under 1. WTO rules which allow developing nations to have some sort of protectionism to foster their own industries, and 2. Their own laws, which companies can choose to abide by.

Google and Facebook were never wholesale banned by China. You can see this with the fact that Google tried to re-enter China with project Dragonfly (a China-law compliant search engine), until it internally became politically unfeasible. Note that Microsoft operates Bing in China, and Yahoo as well.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seanmcdirmid on Saturday August 01, 2020 @08:00PM (#24025043)
Google trying to re enter China has no bearing on whether or not they were banned or are banned.

And actually, I was living in China when Facebook stopped working, and I was living in China when google.com stopped working, and when google.cn stopped working. And you are right, they were never officially banned, China would never admit to that, they just used the GFW to make them stop working and commenced a lot of work to make VPNs troublesome to use as well.

Yes, Microsoft operates Bing. But you can’t access gmail through it.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by getmeoutofhere on Saturday August 01, 2020 @08:12PM (#24025122)
You just ignored what I said and straw-manned the specific nature of being banned.

As I said in my previous post, both can operate in China if they choose to comply with Chinese laws. Hotmail and iCloud do, and both works fine in China.

Google and Facebook being banned is no different than if they'd been banned for not complying with GDPR in EU.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seanmcdirmid on Sunday August 02, 2020 @02:51AM (#24026854)
Again, China doesn’t officially ban Facebook or google, they won’t tell them what laws they aren’t following and anyways, China doesn’t really do rule of law. Google can’t go to a judge and say, ”hey, I want to prove I’m doing things right, see this Chinese constitution guarantees freedom of speech!” Nope, China doesn’t work like that, officials make opaque arbitrary decisions on what to allow or not.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by getmeoutofhere on Sunday August 02, 2020 @07:59AM (#24028105)
Why are you purposely being unfaithful in your argument here? I can easily search up multiple cases where foreign companies have applied the rule of law and won in China. The rules are clear to Google and they simply chose not to follow it. They tried to follow to follow the rules with Project Dragonfly until their own employees scuttled the project, but that’s on Google.

The existence of Bing proves that it’s possible to operate a foreign search engine in China.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by oldmartin on Sunday August 02, 2020 @08:32AM (#24028290)
Lmao, your posts read like they are straight out of r/sino. You stick out like a sore thumb and need to do better if your trying to influence minds here.

"I can easily search up multiple cases where foreign companies have applied the rule of law and won in China."

I'd love it if you did this. I sincerely hope these references are better than the ones you produced trying to deny the Uighur genocide in Xinjiang in the other thread. Also, you'll need to provide me some proof these companies didn't pay for the results they got.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by oldmartin on Monday August 03, 2020 @07:57PM (#24044960)
Hey wumao, weren't you going to show me some evidence of foreign companies winning legal cases in the CCP legal system? It would be really convincing if you found some evidence of foreign companies winning against chinese companies.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Sunday August 02, 2020 @06:42AM (#24027773)
A bit like Trump banning TikTok and Huawei on a whim, without providing any evidence.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by nsporillo on Sunday August 02, 2020 @10:17AM (#24028844)
At what point is China no longer considered a developing country? I think the argument is since they're now at least the second largest economy in the world, they no longer deserve all the special protections.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by getmeoutofhere on Sunday August 02, 2020 @12:00PM (#24029452)
On a per capita basis, China is still very much a developing / middle income country. I agree that special amendments should be made because a country of 50,000 people with Chinas gdp per capita faces a very different economic situation than China, though.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by chrischen on Saturday August 01, 2020 @05:22PM (#24024003)
Because we believe in the free market and they believe in a controlled market?

I mean, are you suggesting we also move the planned economy model because China is right? It’s not like we adopted a free market model for the benefit of foreign interests... it’s simply a better model (in our belief) for creating a healthy economy.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by arrosenberg on Saturday August 01, 2020 @07:23PM (#24024799)
> Because we believe in the free market and they believe in a controlled market?

We pay lip service to the free market, but in practice we believe in controlled, privately owned markets and China believes in controlled, state owned markets.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by hhsuey on Saturday August 01, 2020 @07:29PM (#24024845)
Just randomly thinking out loud: Is it possible to stop privately owned markets without the state having more control? I suppose the concern is with large private corporations, as opposed to smaller to medium sized businesses. I think that's what a lot of Democrats want to do, but I often associate them with bigger government. I know very little about politics though.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by arrosenberg on Saturday August 01, 2020 @11:44PM (#24026152)
Sure, by enacting strict laws that forbid individual competitors from exceeding some amount of market share or forming conglomerates. Corporate breakups are self-executing. No compliance bureaucracy required, just investigators and lawyers. The government doesn't acquire the power to pick winners and losers, they indifferently breakup any player who gets big enough to distort the market or centralize too much power.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by sudosysgen on Saturday August 01, 2020 @07:59PM (#24025040)
Of course it is. Private property in general is only possible because of enforcement by the state. Relaxing IP laws and other measures that limit the power of the state to enforce negative liberty would fit the bill.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by mcji on Sunday August 02, 2020 @03:10AM (#24026953)
While US corps predominate,free market is better. Otherwise, controlled market is better. /s
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by cblconfederate on Saturday August 01, 2020 @04:43PM (#24023745)
They also offer the US access to cheap workforce, which is kept unbeatably cheap via the action of the chinese state. I thought it was a tit-for-tat relationship.

The argument is also used a-la-carte: It's decades since the first time google pulled out of china, yet there was no relatiation then. And it does not apply to other countries which are often blocking google/facebook/youtube like russia or turkey?

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toxik on Sunday August 02, 2020 @05:25AM (#24027490)
If tiktop were Russian and accused of spying and or pushing propaganda, I believe the response would be the same
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by guuguuguu on Tuesday August 04, 2020 @02:54PM (#24053274)
If tiktop were German and accused of spying and or pushing propaganda, I believe the response would not be the same
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by toxik on Tuesday August 04, 2020 @04:16PM (#24054057)
Because Germany is a free democracy, it could not happen. I think the comparison is illogical and whataboutist.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DarthGhandi on Saturday August 01, 2020 @11:44PM (#24026156)
Which companies are locked out? Last I looked China is packed full of American companies, far moreso than the other way around. Apple, Walmart, Nike, Coke(61% marketshare), P&G, KFC, McDonald's, GE, GM, Boeing (50% marketshare), MS (99% marketshare) all make billions each year on the mainland, many make more there than in the US.

It's frankly quite disturbing how something so completely wrong constantly ends up the top of HN comments on these tiktok threads lately. 2 of the top 3 comments say this and it's not true whatsoever. It's just plain jingoism.

Since you've raised the issue can I as an Australian, sell my lamb to US consumers unhindered? We have a free trade agreement, take a guess about our market access in certain farming sectors? Even with shipping I can sell for far better prices than domestic farmers so your government sets up tariffs and sanctions to stop that happening. Ask some South American corn farmers about their market access too while this topic is hot :)

The US is so blatantly hypocritical and that's the real "cringe" here. The ultra-nationalist sentiment in this place is laughable.

Tiktok was a risk and I don't really have much of a problem with the choices made but the online justifications are unreal to listen to.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by cm2012 on Sunday August 02, 2020 @12:12AM (#24026266)
More specifically to TikTok, all American social networks are locked out. (Facebook, twitter, YouTube, etc.)
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by pinkfoot on Sunday August 02, 2020 @11:01AM (#24029113)
Nope, LinkedIn is allowed. Please do some homework first
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by cm2012 on Sunday August 02, 2020 @02:54PM (#24030688)
...
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by thereare5lights on Saturday August 01, 2020 @04:54PM (#24023829)
Your comment boils down to they did it so why can't we?

That flies in the face of the supposed moral leadership (of the world) of our country.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by Jweb_Guru on Saturday August 01, 2020 @05:02PM (#24023882)
America's morality has always come down to "might makes right" and it's quite clear that many people believe that's a perfectly satisfactory state of affairs.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by eanzenberg on Saturday August 01, 2020 @05:09PM (#24023925)
Why fund your own demise? You can’t take the moral high ground with an immoral enemy. This isn’t a movie.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by sudosysgen on Saturday August 01, 2020 @08:02PM (#24025059)
That's not the issue. The issue is then to claim the moral high ground to compel other people to sacrifice something.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by tehjoker on Saturday August 01, 2020 @08:02PM (#24025057)
I find it difficult to recall the last time America took the moral high ground that wasn't based solely in looking good for anti-communist purposes in the last 75 years. The only exceptions were when domestic unrest forced the ruling class to give protestors civil rights.

In particular, US foreign policy has been a long unending horror show of bombing, invasions, and starvation via sanctions. At the UN our record is dismal at best, with the US often standing entirely alone with regressive countries we've bought off like Saudia Arabia on a litany of issues.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by eanzenberg on Sunday August 02, 2020 @10:23AM (#24028875)
UN, lul
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by Jweb_Guru on Sunday August 02, 2020 @10:46AM (#24029021)
Thank you for illustrating my point.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seanmcdirmid on Saturday August 01, 2020 @05:46PM (#24024161)
I started my comment out with “ Not that it justifies our behavior” and referred to similar actions by both China and America as bad behavior. Bad doesn’t justify bad, and only provides a measure of irony.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by stale2002 on Saturday August 01, 2020 @06:18PM (#24024374)
Rules are only good if most countries follow them.

If you let someone get away with breaking the rule, without retaliating in kind, then you put yourself at a severe disadvantage to them.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by slim on Saturday August 01, 2020 @04:48PM (#24023790)
if the user is the product, the situation is better described as "blocking a foreign company from mining it's resources"
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Saturday August 01, 2020 @04:07PM (#24023483)
> China locks American companies out of its market

This is something that is often claimed, but it doesn't reflect reality.

China does not generally lock American companies out of its market. In fact, American companies have a far greater presence in the Chinese market than vice versa.

For example, take a look at the 2017 China sales figures for a few American companies: [1]

* Apple: $44.7 billion

* Intel: $14.8 billion

* Qualcomm: $14.6 billion

* Boeing: $11.9 billion

* Micron: $10.4 billion

If you walk into any mall in China, you'll see American brands everywhere. Starbucks, KFC, McDonald's, tons of fashion brands, and on and on. The basic fact underlying all of this is that for decades, foreign direct investment flowed essentially in one direction: from the US to China. That reflected the fact that the US had capital, while China had labor. It's only recently that Chinese companies have begun expanding abroad, and FDI has started to go in the opposite direction.

1. https://www.marketwatch.com/story/trade-war-watch-these-are-...

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by crusty on Saturday August 01, 2020 @04:49PM (#24023794)
This is apples and oranges. You listed hard good sales - imports (even if actually manufactured in China in the case of Apple).

IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China. So a non-Chinese car company that wants to have ownership over it's Chinese assembly line operations and sales in China needs to partner with a Chinese company (typically another automaker) that actually owns >50% of the joint subsidiary that actually makes and or sells the cars. The alternative is Apple, which owns no manufacturing and had everything produced on contract from independent manufacturers. And again, none of this involves user data. Also, both the play store and Apple iOS store's content are at the mercy of the CCP gatekeepers, so even if a person in China can buy an apple product, they experience a different app ecosystem.

I don't think there's a non-Chinese-owned company that has access to and stores user data streams, like a foreign-owned weibo or something, but I'd be curious if someone had an example.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by chrischen on Saturday August 01, 2020 @05:29PM (#24024051)
> This is apples and oranges. You listed hard good sales - imports (even if actually manufactured in China in the case of Apple).

How much do you think China makes on an iPhone? Most of the pricey parts are imported into China and just because the assembly happens in China doesn’t truth make it “made” in China.

Even if you take lower margin brands like KFC, the US interests essentially rent-seek on that brand usage.

You have to also understand that China is the economic underdog. In order to rise out of poverty they have to have some form of protectionist policies (which are not unique to China, as Japan also has heavy protectionist policies despite an already strong economy) or they’d be trampled by established foreign multinational giants.

One country is a well to-do suburban college educated kid and the other is a poor high school dropout from the inner city. Their competition in the market would not be “fair” as their starting points would be unequal.

That being said protectionist policies aren’t all good. They are a tradeoff that they chose to make and why they ended up with defective domestically produced infant baby formula, crappier internet search engines (which lead to wechat dominance), etc, whole local companies played slow catch up.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Saturday August 01, 2020 @06:30PM (#24024461)
> IIRC, Foreign companies need to have majority-owner Chinese partner entities to "own" business operations in China.

You recall incorrectly. You're describing the situation about 30 years ago, in the early stages of China's opening up. In the intervening time, restrictions have been dropped from most sectors (including the automotive sector - Tesla's Shanghai factory is a demonstration of this).

The Chinese market is open both to direct investment (FDI, which I mentioned above), and to imports of foreign goods. American companies have much greater penetration into the Chinese market than vice versa. It's blindingly obvious if you've been in both countries.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by asdfadsfgfdda on Saturday August 01, 2020 @08:01PM (#24025051)
Tesla's factory was the very first foreign-owned car plant, without a domestic partner. This certainly has not been the norm in China in the past 30 years:

https://www.scmp.com/business/companies/article/2154674/tesl...

China may be open to goods (ignoring the capricious enforcement of customs laws). But even politically benign services (banking, finance, insurance) cannot easily be "exported" to China. It's obviously protectionism.

https://www.npr.org/2020/01/16/797098404/u-s-financial-servi...

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by jjcc on Sunday August 02, 2020 @02:54AM (#24026870)
There are a lot of foreign-owned companies long before Tesla. In my home town Changzhou there was a famous US company called METTLER TOLEDO which exists since 1992. I lived there 20+ years ago. I had a lot of friends worked for the company. All the town knew it was a wholly owned(独资)US company. Here's the only source I can find but in Chinese. http://www.bioon.com.cn/show/index.asp?id=11583

It mentioned 独资。There are other companies had Chinese partners called 合资 which means joined-adventure. They are different but 独资 exist as opposed to MSM claimed.

Now I know you don't believe it. There are many people know the other side of story but they have been eventually down-voted out of HN to tell the truth. This one seems not quite offense to many HNer's beliefs so I'd like to provide some information.

http://www.bioon.com.cn/show/index.asp?id=11583

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Sunday August 02, 2020 @03:19AM (#24026996)
China has been sequentially reducing JV restrictions on different sectors. The last restrictions on car manufacturing have been phased out over the last three years. As I said, Tesla is an example of this.

It's silly to complain that the American market was open to Chinese investment, while the Chinese market used to have JV requirements. China had no capital to invest. Investment flowed entirely in one direction. It didn't matter to China that the US was theoretically open for direct investment. US companies made huge profits by investing in China, but not vice versa. Around 2014-15, Chinese investment abroad began to pick up, but the Trump administration has essentially closed the US market to Chinese investment, and Chinese FDI in the US has gone basically to zero.

Complaining about how the poor old US is getting exploited by China - with its former JV requirements - is completely out of touch with reality. American companies made enormous profits off of investment in China.

As China has developed, it has removed JV restrictions from most sectors of the economy. Whether some level of protectionism is good for developing economies is a debated topic, but the WTO allows greater leeway to developing countries. Developed countries would obviously benefit more if every developing country removed all conditions on foreign investment, but developing countries would probably suffer.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DarthGhandi on Saturday August 01, 2020 @11:50PM (#24026180)
> American companies have much greater penetration into the Chinese market than vice versa. It's blindingly obvious if you've been in both countries.

It's utterly bizarre to see people completely unaware of this clear fact. US companies are absolutely everywhere in China and make bucketload of cash in the country.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by polartx on Saturday August 01, 2020 @04:36PM (#24023700)
I worked for a company that provides web and app tracking (kinda like google analytics, but more granular data and user metrics). Any Chinese prospect that engaged with us had to use a myriad of proxies because the Chinese govt blocked our American servers. Also no Chinese prospect ever paid a dime. They would beg for extended trials and bring engineers in to ask questions about the software, requesting server side code, all the while they attempted rip off our product, after a year I became ‘too engaged’ with other projects to pursue opportunities with Chinese companies.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by seanmcdirmid on Saturday August 01, 2020 @04:37PM (#24023710)
McDonald’s China is now wholly owned by Chinese investors. Starbucks has been trying to get rid of their state mandated JV partners for more than 15 years now.
Re:TikTok’s Chinese owner offers to forego stake to clinch U... by DiogenesKynikos on Saturday August 01, 2020 @06:57PM (#24024647)
McDonald's decided to sell most of its stake in 2017. It wasn't forced to. After the sale, McDonald's China was 52% Chinese-owned, and 48% American-owned. The latest news is that the Chinese group is trying to divest itself from McDonald's.

Starbucks entered the Chinese market in 1999, when there were still JV requirements in its sector. Those requirements have been removed, and Starbucks bought out its Chinese JV partner in 2017.

Re:TikTok’s Chinese owner offers to forego stake to clinch U... by lovehashbrowns on Saturday August 01, 2020 @04:30PM (#24023656)
Why is Google search not available in China?