Another way to think about this topic is that China's CEO is Xi Jingpin. There are a few distinctions between calling China a company and calling Apple a nation: - A nation uphelds the law whereas a company uses proxies (lobbying) to make laws - A nation has diplomatic rights, a company has to abide by export controls - A nation has a treasury, has control over interest rates and can prosecute violators, it ensures a…
> A nation uphelds the law whereas a company uses proxies (lobbying) to make laws
Once companies can influence the government, any special abilities of the government (export controls, legal system, etc.) can, at least to some extent, be harnessed by high-net-worth individuals/companies [1].
[1] https://www.cambridge.org/core/services/aop-cambridge-core/c...