Re:US to ban transactions with ByteDance and WeChat in 45 days
by DiogenesKynikos on Friday August 07, 2020 @04:20PM
(#24086039)
You're referencing joint-venture requirements. They've been phased out in most industries over the past three decades, and they're not as onerous as you're depicting them.
Plenty of Western manufacturers did fine over decades with junior partners. VW never lost its technological edge to a Chinese competitor, despite being in a joint venture since 1984.
Plenty of Western manufacturers did fine over decades with junior partners. VW never lost its technological edge to a Chinese competitor, despite being in a joint venture since 1984.