nfc_

8 ms·

1.
by nfc_ 6y ago
China not being open to multinationals is a common narrative on HN and not supported by the data. In fact in consumer goods, foreign companies have more market share in China (40%) than the US (26%). https://www.mckinsey.com&#x2F
2.
by nfc_ 6y ago
Yes following this logic India should emulate North Korea's Juche or go back to its old socialist days to keep 100% of the valye
3.
by nfc_ 6y ago
India heavily depends on software consulting and BPO exports for its foreign currency (over 100 billion usd per year). If China really wants to retaliate, it can sanction the WITCH companies and force any multinational who wants to be in Ch
4.
by nfc_ 6y ago
So does this mean Apple will have to remove WeChat from the App Store everywhere in the world including China? If Apple does this, what will it mean for their huge business in China?
5.
by nfc_ 6y ago
The thing is other countries can now use the this precedent to demand domestic control of US social media companies. France may have a the same foreign influence concerns issue with the non-transparency of the FB news feed algo.
6.
by nfc_ 6y ago
This has the potential to backfire hard if other countries decided to use the same reasoning against FB to demand data, feed algo, management and employee localization in country.
7.
by nfc_ 6y ago
Hopefully this becomes a wake-up call to investors in China tech. Instead of funding another social media app, they should invest in core technologies like semiconductor manufacturing equipment. The success of the STAR market is a good star
8.
by nfc_ 6y ago
China gives Apple access to their market but the US bans AT&T from partnering with Huawei to sell consumer phones.
9.
by nfc_ 6y ago
Apple makes $50 billion in revenues a year from the China market. Would people still buy it's phones if the App store or mobile data was shut-off?
10.
by nfc_ 6y ago
This article was very disappointing. The author writes like an American neo-con warhawk who fantasizes about the entire world and tech industry choosing US over China thus isolating and containing it. China trying to move up the value chain