Re:Supreme Court rules to uphold TikTok ban, setting stage f...
by dmix on Friday January 17, 2025 @03:04PM
(#42742674)
Even if the money from the IPO itself doesnt go to directly to random citizens it still pumps a ton of money into their economy providing capital for other investments in new markets creating jobs, spending on goods/services by the company, hiring internally (IPOs always allow companies to expand), etc etc. That money doesn't just sit in a giant pile being unused, like Scrooge McDuck's gold pile.
Not to mention the training and development it would give a whole new class of people in China to operate global businesses.
I’d be interested if there’s any objective measure of how much a countries money is passed down back to its citizens or hoarded by people in power. Is there any such measure?