Take our user survey and make your voice heard.
The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Why are foreign tech firms pulling out of China?
By ZEN SOO HONG KONG©2024 GPlusMedia Inc.
6 Comments
Login to comment
Tora
And this coming from one of the most heavily surveillanced states in the world. Rapidly moving toward the Orwellian superstates
Iron Lad
The new laws of course.
It will need some times.
AustPaul
It’s not rocket science really
kaimycahl
LOL ask the Chinese citizens that can get out of China why are they pulling out!!
quercetum
The CPC are masters at control. This is by design. The foreign entities that are welcomed will stay.
China loves money. If you’ve got some, you will be treated very well like Goldman Sachs, JPMorgan Chase and Morgan Stanley. These are all at some stage of taking full or fuller ownership of what used to be securities industry joint ventures with Chinese partners. BlackRock is being welcomed like never before to manage wealth.
On the other hand, Yahoo! Google and tech companies offer little because of the existence of their Chinese equivalents and they merely collect data and will be treated like Huawei is treated: data collecting potential threats to national security.