Chinese Government Corporate Control
The cluster discusses the Chinese government's extensive control and influence over major Chinese companies, including forced compliance with censorship and data laws, barriers for US firms in China, and risks of Chinese firms advancing CCP interests abroad.
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That's because the Chinese government has its thumbs in every pie in their country. If the government wanted, they could easily compel your company to do its bidding.
Basically every major Chinese company is partially controlled by the Chinese government. (Not trying to detract from your point, just providing context.)
Well I guess at the minimum. China blocks American services in their country like Facebook and Twitter.For a foreign company to operate in China it needs to be majority Chinese owned.It can be argued that if foreign companies are not allowed to profit in China, then they shouldn't be able to do so abroad.Of course being the manufacturing capital of the world, they have a lot of leverage.
You pretty much have no idea what's happening in China. These companies are not happy at all to cooperate believe me. Jack Ma has expressed this many times, as much as he could without getting in bad terms with his own government. These companies are playing around in order not to comply with the government (which is exactly what US companies are doing as well). Pressure from the public or from other countries should get these companies some leverage when negotiating with the gov.
Because those USA companies can expose Chinese citizens to information the Chinese government doesn’t want them to be aware of. If you’re not willing to bend to the censorship demands of the Chinese govt, you can’t — or are at least limited in your capacity - to do business in China.It’s not like the US and other Western countries are letting Chinese companies run freely amuck either. There has been increasing scrutiny against large companies like Huawei that are in cahoots with the Chinese s
In my view something to consider is that the same large companies that are doing the Chinese government's bidding in China, are also free to do the Chinese government's bidding in the US. For instance they can buy political influence, manipulate markets, and so forth.If they can't serve the interests of two societies at once, they will serve the society that exerts more oversight and control.
The Chinese companies are owned or funded by the government, they don't have to worry about profit. It is geopolitical economic warfare. A company cannot compete against that without government help.
As someone with no direct experience, but some serious research, a company in China does not get to where ByteDance has gotten without playing ball with the Chinese government. This should be clear, as we in the US cannot buy, sell, hire, fire, and so on without some attention paid to the government's guidelines and taxes paid on what we make.It isn't exactly the same, but try running a company outside the purview of the government in the US and see how far that goes. Probably not m
US companies are increasingly "owned" by the Chinese government through Chinese investment. None of them are willing to risk the financial backlash that would occur if they spoke out against the Chinese government - so they are willing to censor their own platforms and sacrifice their own stakeholders and users to please them.
No. The relationship between the US government and large US companies is nothing at all like the relationship between the Chinese government and large Chinese companies; the latter exist at the will of the CCP, and if you step out of line you will be shut down. Recently Jack Ma, who would be like Zuckerberg or Musk or Bezos in the US, got slapped down big time -- with significant repercussions for his companies -- recently because he made a comment critical of the government -- and what he said