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This is pure insanity: "Quartz contacted the Ministry of Industry and Information Technology from Hong Kong asking for further clarification on how the rules would work, but the ministry said it could only reply to faxed questions that came from a reporter with a mainland press card."
And so it starts. Economic collapse will prompt the dictatorship in China to - Increase anti-foreign rhetorics in media. Don't like it, Microsoft? tough - Ban Foreign services. Don't like it, Uber? tough - Devalue Yuan by 50%. Don't like it, Apple? tough - Nationalize foreign assets. Don't like it, Ford? tough
Actually, I think Apple would love that. Decreases their manufacturing costs. :)
And so it starts. Economic collapse will prompt the dictatorship in China to - Increase anti-foreign rhetorics in media. Don't like it, Microsoft? tough - Ban Foreign services. Don't like it, Uber? tough - Devalue Yuan by 50%. Don't like it, Apple? tough - Nationalize foreign assets. Don't like it, Ford? tough
Why wouldn't Apple like this? Their manufacturing costs would become much lower, and they would rack up even more billions in profits.
And so it starts. Economic collapse will prompt the dictatorship in China to - Increase anti-foreign rhetorics in media. Don't like it, Microsoft? tough - Ban Foreign services. Don't like it, Uber? tough - Devalue Yuan by 50%. Don't like it, Apple? tough - Nationalize foreign assets. Don't like it, Ford? tough
This is pure insanity: "Quartz contacted the Ministry of Industry and Information Technology from Hong Kong asking for further clarification on how the rules would work, but the ministry said it could only reply to faxed questions that came from a reporter with a mainland press card."
Could international press community do something like embargo all mainland reporters?
Sounds like the normal thing in China. Make something illegal, don't enforce it, if someone's saying something you don't like then enforce it specifically against them, keeps everyone else in line.
This seems like a huge deal. How does this not have 100's of upvotes on HN? Am I missing something?
At the time of this comment, the article was posted less than an hour ago.
Sounds like the normal thing in China. Make something illegal, don't enforce it, if someone's saying something you don't like then enforce it specifically against them, keeps everyone else in line.
And so it starts. Economic collapse will prompt the dictatorship in China to - Increase anti-foreign rhetorics in media. Don't like it, Microsoft? tough - Ban Foreign services. Don't like it, Uber? tough - Devalue Yuan by 50%. Don't like it, Apple? tough - Nationalize foreign assets. Don't like it, Ford? tough
I don't think they'd go that far. They're mainly interested in controlling information. Nationalization, that would only accelerate the decline of the economy by spooking foreign companies who would soon high tail it leaving behind tons of idle machinery and idle workers, something the PLA would rather avoid.