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Amazon Quits China Market

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Re: Amazon Quits China Market

#3
This is why I don't get why companies--tech giants in particular--kowtow to China in the hopes of getting access to the Chinese market. It will never happen. At least, it won't be open access. You'll have to play by Chinese rules (ie integration with the Great Firewall, storing data in China, probably integration with social credit and so on). Worse, there might be (basically forced) "IP transfer". Even after all that, the government will make sure that you don't dominate any market. There'll be a Chinese version for that.

There is absolutely zero point in trying to mollify the Chinese government.

Re: Amazon Quits China Market

#4
post #2

Another non-Chinese giant being driven out of the Chinese market by Chinese leadership. Of course its their country and their rules.

It doesn't prevent American companies from handing over all of their tech IP to China (the one that wasn't already stolen) and attempt to do their bidding at every step.

So it's win-win for China -- there's another (American firm) sucker born every minute looking to "enter the huge Chinese market", and the Chinese gov is taking full advantage of that (ultimately) hopeless dream.

Re: Amazon Quits China Market

#6
post #4
post #2

Another non-Chinese giant being driven out of the Chinese market by Chinese leadership. Of course its their country and their rules.

It doesn't prevent American companies from handing over all of their tech IP to China (the one that wasn't already stolen) and attempt to do their bidding at every step. So it's win-win for China -- there's another (American firm) sucker born every minute looking to "enter the huge Chinese market", and the Chinese gov is taking full advantage of that (ultimately) hopeless dream.

It seems to be previous generation tech though

Re: Amazon Quits China Market

#7
What's with these comments that Amazon couldn't win in China because they didn't play well by Chinese rules? The article paints a pretty compelling picture that the issue is that Amazon couldn't compete well with local companies. If they were that bad at competing, they wouldn't need conflict with the government to fail, failure would be a natural effect of being unable to keep up with local competition.

Re: Amazon Quits China Market

#8
post #3

This is why I don't get why companies--tech giants in particular--kowtow to China in the hopes of getting access to the Chinese market. It will never happen. At least, it won't be open access. You'll have to play by Chinese rules (ie integration with the Great Firewall, storing data in China, probably integration with social credit and so on). Worse, there might be (basically forced) "IP transfer". Even after all tha…

"kowtow" -- nice word choice!

"In traditional China this ritual was performed by commoners making requests to the local magistrate, by the emperor to the shrine of Confucius, or by foreign representatives appearing before the emperor to establish trade relations." https://www.merriam-webster.com/dictionary/kowtow

Re: Amazon Quits China Market

#9
post #2

Another non-Chinese giant being driven out of the Chinese market by Chinese leadership. Of course its their country and their rules.

And when would do something similar, the are going to try to retaliate in another way...

With "hurt feelings", probably.

Re: Amazon Quits China Market

#10
post #3

This is why I don't get why companies--tech giants in particular--kowtow to China in the hopes of getting access to the Chinese market. It will never happen. At least, it won't be open access. You'll have to play by Chinese rules (ie integration with the Great Firewall, storing data in China, probably integration with social credit and so on). Worse, there might be (basically forced) "IP transfer". Even after all tha…

"kowtow" -- nice word choice! "In traditional China this ritual was performed by commoners making requests to the local magistrate, by the emperor to the shrine of Confucius, or by foreign representatives appearing before the emperor to establish trade relations." https://www.merriam-webster.com/dictionary/kowtow

I hate the way I've at least seen people use that word in the US. They almost exclusively use it in reference to China, and it's just awkward. Not racist, but just weirdly racial the way they use it and the tone is gross. Hard to put into words.

Apparently this is a controversial revelation to some of you:

https://blog.hiddenharmonies.org/2010/12/23/my-pet-peeve-rac...

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