Comment by zonkerdonker
16 hours ago
>not immediately clear on what grounds China was seeking the annulment of a deal involving a Singapore-based company and how, if at all, a completed acquisition transaction would be unwound.
Interesting. I wonder what sorts of threats China could make to back up this demand, or if this is more of a warning for future acquisitions in the space.
"Your families live here", maybe "We have shadow police stations across the world", the playbook is well established
That's interesting, because recently China is definitely trying to paint themselves as the reasonable, stable partner, commited to upholding international law (unlike the US, which is ruled by a madman) . Trying to block this aquisition without good legal argument goes directly against that strategy.
They're doing a lot that goes against that strategy, you just don't see it in the headlines except in cases such as these or when you dig into how they conduct international negotiations or business deals involving the Chinese market.
Not to mention how they are openly expansionist in the SCS and obviously wrt Taiwan.
Of course they want to be seen as reasonable, their ideal is to control the international narrative just how they can do it internally in China.
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The United States is appearing "More Stable" on the international stage with recent events. Normal people might see it as ruled by a "madman", but on the international stage they know what it is... Projecting dominance and forcing the will of America. People seem to forget Iran murdered thousands of innocent civilians with automatic weapons being fired into crowds... and then you call our president a "madman" for destroying their ability to build nuclear weapons?
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Ask Vietnam, Philippines and other SE Asian country if they feel China is adhering to “international norms” when it comes to the 9 dash line.
I mean, they're just cribbing what America did, and what the British Empire did before that.
It's a disgusting playbook, but it's also an effective one if you're a state trying to exert control over important players or entities.
I think you need to give some concrete examples, considering the US happily let its companies offshore a lot of work to China over the years, and Chinese funds own large chunks of American companies.
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Not even getting into the more dubious part of this claim, just because the British or Americans did it doesn't mean it's right or acceptable. If you disagree with that, you're implicitly pro slavery, pro penal expeditions, etc.
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I'm really unfamiliar with this playbook and how America has used it. Do you have any examples? I can't seem to find any