Hacker News Reader

Comment by djohnston | Hacker News Reader

Western companies don't grow in China. At best they get tenuous access while their IP is blatantly stolen to favor a domestic successor. The idea that western companies have anything to gain operating in China is naive IMO.

View on HN

This is a bit harsh. While I agree the situation is imperfect and declining, there are still some great aspects to the Chinese market, such as size, mobile payment penetration, speed of the supply chain, prevalence of hardware fabrication partners, and open industrial culture. Smart companies can leverage these elements.

True for manufacturing; probably less true for services.

What services are even allowed to operate in China?

Securities, for example: http://www.xinhuanet.com/english/2020-04/01/c_138938273.htm

Thats why services were prohibited. Cloud providers had to sell off their assets

https://www.datacenterdynamics.com/en/news/aws-sells-assets-...

https://www.geekwire.com/2019/building-wall-around-cloud-chi...

VW gets 40% (or thereabouts) of its revenues and profits from China, VW is a quite big Western car group.

They get revenues in the short term, but in the long term they get copied and closed out.

But even if VW won't do, other western/Japanese competitors do the same thing. So let's get revenues in the short term

"short term" More than 30 years now.And how long can be called "long term" for an company?

Reply on news.ycombinator.com