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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.

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