31–40 of 217 posts
Western companies have been bending blatantly a little too low to save assets and market shares in China. With trade war, human rights abuse in Xinjiang, and Hong Kong protest, this is probably a good chance for the West to stand against China's invasion.
Western companies have been bending blatantly a little too low to save assets and market shares in China. With trade war, human rights abuse in Xinjiang, and Hong Kong protest, this is probably a good chance for the West to stand against China's invasion.
It would be one that makes me change to a more expensive platform in 3-6 months.
Nice
Apple will most likely be fine because it's unlike any other western company operating in China in that it employs a lot of people assembling their products. It's not in the CCP's interest for people to boycott Apple in a nationalist fervor only for unemployment to rise, which would be an existential threat to the CCP if they lost control of.
So I googled and saw that there's 4.8 Million apple employees in China? More than i expected when I started the Google search. With that said, is that enough for China to care at all? a little? a lot? Meaning, I wouldn't be surprised if China would forgo plenty of jobs from Western companies as their economy matures. Especially if China fully boycotted Apple, I doubt many other US Companies would respond at all Many…
They'd seize the factories and continue production, at least for the medium term. It makes no sense economically, but it keeps Xi in power.
To Beijing, the factories are valuable for (a) IP and (b) jobs. Apple walking deprives China of (a), but not (b), not in the short term.
Apple will most likely be fine because it's unlike any other western company operating in China in that it employs a lot of people assembling their products. It's not in the CCP's interest for people to boycott Apple in a nationalist fervor only for unemployment to rise, which would be an existential threat to the CCP if they lost control of.
So I googled and saw that there's 4.8 Million apple employees in China? More than i expected when I started the Google search. With that said, is that enough for China to care at all? a little? a lot? Meaning, I wouldn't be surprised if China would forgo plenty of jobs from Western companies as their economy matures. Especially if China fully boycotted Apple, I doubt many other US Companies would respond at all Many…
Earlier quoted context omitted.
Except everyone assembles phones in China. A dip for Apple is Huawei's gain, and they're entirely based in China.
People buy devices cheaper than the iPhone either because they cannot afford it or because they disagree with Apple somewhere. First group doesn't really have a choice and the second group has no interest in an iPhone.
The China market is often framed as a mortal necessity for companies that have no more room to grow stateside. What we forget is that this assumes infinite corporate growth, which is literally impossible, despite being demanded by shareholders. We need to drop this notion that every single year has to result in growth. Corporations no longer have the option of settling into a market segment and developing a harmoniou…
Do you have a 401k? Do you plan on having a retirement? Then infinite growth needs to be a thing, otherwise that 7-9% a year that people think they are "guaranteed" from index funds would evaporate. If people couldn't make money off of passive investments it would turn the entire economy upside down.
Awww, your feelings got hurt? Care to think about the feelings of a million Uighur people that are being tortured in concentration camps? Or the 7 million Hongkongers that you've been trying bully into submission?