Comment by kvgr
2 hours ago
I am very pro free market, but Temu with data harvesting and selling illegal projects should be banned together with tiktok...
2 hours ago
I am very pro free market, but Temu with data harvesting and selling illegal projects should be banned together with tiktok...
Doesn’t TEMU have CCP ties? Free market is for businesses and individuals and foreign govt entities should not unfairly benefit from a free market.
Every major PRoC company is required to have CCP ties; in addition to 'paying for facilitation' by local officials, a certain percentage of their employees must be CCP members.
All big companies in China are partially run by the CCP. Just how it works there.
Everybody in china that gets big has CCP ties. No way around it. Their car manufacturers are all propped up by government.
Ties as in pay tax to ccp. In China Temu is called pinduoduo (拼多多）and you can buy some wild stuff there, the regulation on mainland seems also pretty lax i mean.
Sorry, ties, as CCP party committees inside private firms. And in case of Temu, it also has a data-sharing agreement with People's Daily [1], a CCP controlled media group.
Just image having a mandatory political party inside every American corporation which the board has no control over.
1. https://www.washingtonpost.com/national-security/2024/05/01/...
I’d start with the immense packaging waste and shameless overconsumption tricks that are banned in basically any other industry.
If you're "pro free market, but", you're not pro free market. That's fine, but you might want to reevaluate whether you're actually for it.
Free markets can have strong rules. No other than Adam Smith said they are needed.
The US and China have standards as well and bodies to regulate them. Regulation vs Free Market debate isn't a binary issue and is a spectrum.