Well yes and no. If they are open to the rest of the world a lot of money would end up in Silicon Valley.
If Facebook and Google ran ads all over China, a nice big cut of that revenue goes to the IRS instead of China's government.
If Facebook and Google ran ads all over China, a nice big cut of that revenue goes to the IRS instead of China's government.
None of these transactions are zero-sum and tech isn't the only thing in the world that matters.