Uber: Why Foreigners New Win in China Tech

FrgMstr

Just Plain Mean
Staff member
Joined
May 18, 1997
Messages
49,897
I know I am going out on a limb here, but maybe it has something to do with that "communism" thingy? While I wish this article went a bit into further analysis, it is still an interesting read.

Both UberChina and Didi were bleeding cash. And foreign tech companies trying to make China a big market have always found it a fraught endeavor. Google, Yahoo, eBay, Microsoft, Qualcomm all spring to mind. Even Apple has seen its fortunes fade in China. Its investment in Didi earlier this year might even have been about bolstering its reputation there.
 

Tiberian

DILLIGAFuck
Joined
Feb 12, 2012
Messages
5,725
It might be because I've been awake for like 35 hours or so (hey, it happens and sometimes sleep doesn't), but I've read the title of this thread like 9 times now and that phrasing/wording still just doesn't make any damned sense to me at all: Why Foreigners New Win In Tech.

What am I missing, is that a "Lost In Translation" thing or what? :D

(yes, I know the article title is different, hence the humor at least to me)
 

Jagger100

Supreme [H]ardness
Joined
Oct 31, 2004
Messages
7,592
If you're in China its for China's benefit. Wallstreet sent us to China for cheap labor and to pull China up technologically so we could use even more cheap labor. Anyone with a brain knew eventually China would either kick us out or sour the benefit so we'd leave on our own. But Wallstreet also sent us there to build them up because then they could invest directly for a piece of the action when Chinese companies displace or buyout what's left of the American companies.
 

Jagger100

Supreme [H]ardness
Joined
Oct 31, 2004
Messages
7,592
It might be because I've been awake for like 35 hours or so (hey, it happens and sometimes sleep doesn't), but I've read the title of that article like 9 times now and that phrasing/wording still just doesn't make any damned sense to me at all: Why Foreigners New Win In Tech.

What am I missing, is that a "Lost In Translation" thing or what? :D
Its suppose to be 'Never'.
 

Quix

2[H]4U
Joined
Jun 12, 2011
Messages
3,709
I hate it when you link to one of those garbage websites that doesn't actually offer the text of the article. If they're not going to provide the text I'm not sure it's worth reading. Those websites rate under the National Inquirer for credibility. Wall Street Journal is one of those old-guard publications that is totally out of touch with reality and burning through cash reserves.
 

SighTurtle

[H]ard|Gawd
Joined
Jul 29, 2016
Messages
1,412
Its not communism, its protectionism, not by taxing (at least im not sure), but through regulatory hoops, and prioritizing Chinese companies over foreign companies. A big part of TPP was harmonizing the member countries in order to push against Chinese economic influence and to bolster a united regime of laws and regulations that could be leveraged against Chinese companies and the cost of business in China.
 

SighTurtle

[H]ard|Gawd
Joined
Jul 29, 2016
Messages
1,412
On that note, China is communist in name only. Its government and military are controlled by businessmen and technocrats allied to the major Chinese corporations.
 

Krab

Limp Gawd
Joined
Sep 26, 2015
Messages
231
The only people that benefit from American companies doing business in China are the Chinese.



UberChina = fleet of rickshaws
Boy are you going to be disappointed when you realize it's not 1970 anymore.
 
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