Comment by brazukadev

9 hours ago

This excuse could be used by many countries to seize European companies controlling strategic national resources

11 comments

brazukadev

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jsiepkes  2 hours ago

Let's be real here, a European company wouldn't even have been allowed to buy a Chinese company in China and have the level of control as in this case in the first place.

  • tartoran  1 hour ago

    This is it pretty much, not sure why it took so long to come to this realization. Was it greed that caused a warp in rational and common sense?

    • stackskipton  34 minutes ago

      Greed. When China was becoming manufacturing powerhouse, it was incredibly cheap, and Chinese government seemed extremely willing to play ball by making sure there was no government caused slowdowns. This obviously worked until it didn't but even now, it's so expensive to change, corporations are screaming about their quarterly stock price and US being so financialized, US in a real gordian knot.

    • q3k  1 hour ago

      Just the religious belief that The Free Market will solve everything on its own and there should be no attempt to interfere with it.

      1 reply →

Longlius  1 hour ago

And which firms in China are controlled by European entities?

  • constantcrying  1 hour ago

    There are many companies which the Chinese government could target in retaliation. In China foreign companies are usually minority partners in some ventures with some Chinese company.