they cannot please both.
They will have to ride out the bad PR in the west, because they cannot afford to ride out the chinese market's dominance and profits.
They will have to ride out the bad PR in the west, because they cannot afford to ride out the chinese market's dominance and profits.
They're only at risk of losing an opportunity to milk the Chinese market for all the money they can later.
What China represents that’s so attractive to multinationals is a virtually untapped market and so enormous opportunity for growth. But if it came down to picking one or the other the smart move would be the west.
I have slightly more sympathy (from a practical perspective) for those with significant supply chains in China - that extraction will take time.
I m using this as a source : https://youtu.be/L3E1feh30fE?t=59 , and i m certain they want to ensure that their mobile titles do well in the chinese market (like their up-coming COD titles, as well as existing titles like candy crush etc). This requires that the chinese gov't "approve" them. They don't want to jeopardize this relationship.
https://www.statista.com/statistics/269665/activison-blizzar...
China is not turning out to be a land of milk and honey for western corporations. The best business decision for a Western business with regard to China may be to give up on it, because the PRC wants your local competitor to succeed, not you.
https://www.wsj.com/articles/america-is-losing-the-chinese-s...
> The shift signals a possible end of an era. For years, it was customary for Western executives to tout their plans for dominating China—a market they felt they had to win as markets elsewhere matured. But foreign consumer brands now hold a smaller market share in the categories tracked by McKinsey & Co. than at any time since the global financial crisis, according to a Wall Street Journal analysis of research from the U.S. consulting firm, incorporating data from Euromonitor and IHS Markit. Market share losses were particularly evident in categories such as pet food, passenger cars, videogames, smartphones and appliances.
> ...
> Some Western companies, including Carrefour SA, Amazon Inc. and Uber Technologies Inc., have decided China is too complex or costly to win for some of their major businesses, and have closed or sold them off after facing powerful local rivals who were able to largely control the market. Ford Motor Co. , Apple Inc. and others remain committed, but are struggling to meet expectations. Amazon said it continues to serve Chinese consumers through its cross-border e-commerce business and remains committed to China. Uber didn’t respond to requests to comment. Ford didn’t comment. Carrefour provided no further comment beyond its press release detailing the transaction.
I made this same comment elsewhere, but it's relevant here, too.
Well that's my guess, but that's not what your boss would tell you to do :D