• @UnderpantsWeevil
    link
    1611 months ago

    They’re functionally forcing the sale of the company to a US Firm at fire sale prices.

    • @[email protected]
      link
      fedilink
      511 months ago

      Yeah, you are right. They should do like they do in China, sell to a JV with a local company at fire sales price… Oh wait

      • @UnderpantsWeevil
        link
        -111 months ago

        sell to a JV with a local company at fire sales price

        The Chinese policy is to share ownership with locals, so that a firm isn’t simply extracting wealth from the Chinese market.

        The American policy is to seize a pre-existing firm after it has developed, by accusing its Singapore founder of being a secret Chinese Communist.