Re:ByteDance won't sell TikTok U.S. operations to Oracle or ...
by auganov on Monday September 14, 2020 @06:10AM
(#24468522)
Most of these companies would kill for an opportunity to enter China.
I don't know what the latest is [0], but 5 years back following these laws meant you'd have to be a standard domestic company which a non-citizen cannot incorporate or own.
[0] China has a tendency of introducing new mechanisms giving impression of potential for more access that never pan out.
Back in the day AWS was promised unprecedented terms in a Shanghai free trade zone. Was supposed to have access to unfiltered connections. None of that has ever happened and "AWS China" is now just a cloud service operated by Chinese companies under the AWS brand.
Even YC fell for this with their China operation now being 100% China-run leeching off their brand. Though I don't know if anything was being promised to them.
I don't know what the latest is [0], but 5 years back following these laws meant you'd have to be a standard domestic company which a non-citizen cannot incorporate or own.
[0] China has a tendency of introducing new mechanisms giving impression of potential for more access that never pan out. Back in the day AWS was promised unprecedented terms in a Shanghai free trade zone. Was supposed to have access to unfiltered connections. None of that has ever happened and "AWS China" is now just a cloud service operated by Chinese companies under the AWS brand.
Even YC fell for this with their China operation now being 100% China-run leeching off their brand. Though I don't know if anything was being promised to them.