1. China asked American SNS companys to 'obey Chinese laws', which mostly refer to content control and data ownership, these companys refused, China didn'tforced them to sell
2. Are you sure to play the 'same as what China does'? hey, we are a totalitarian, authoritarian, dictatorial regime, are we same? think twice
2. The game can be slightly different. "hey, we are open by default. but if an authoritarian regimes wants to exploit our openness by marketing their apps while at the same time banning our apps from their market, then we will strike back".
If we played the same as China does, we'd be hacking Baidu through a vulnerability in a Microsoft web browser until they withdrew completely from the American market.
Let me tell you a cruel fact - Uber is completely unable to compete with Didi. You have no idea how fierce the competition in this industry in China is.
> If Uber had become a commercial success in China, Chinese authorities ultimately would have clamped down to protect their domestic competitors.
> firms that do occasionally find success often face headwinds from Chinese regulators who limit their access to the domestic market.
> Didi naturally had state-backed funding, receiving a significant cash infusion from China's large sovereign-wealth fund.
> "Uber China" sought local investors. The hope was that, with local investors, the Chinese operation would be spared some of the hamstringing restrictions typically imposed on foreign businesses.
China is well-known to have intense domestic favoritism. Not sure where the profit is in denying that, given your own sources seem to clearly state it and even name a number of channels through which the state puts their thumb on the scale, not just regulatory but also through financing.
You can ignore my following comments if this will make you feel better...
> *If* Uber had become a commercial success in China, Chinese authorities ultimately *would* have clamped down to protect their domestic competitors.
classic demonizing and loser's execuse
> firms that do occasionally find success often face headwinds from Chinese regulators who limit their access to the domestic market.
every other demestic companys face headwinds from Chinese regulators, just like I mentioned above, and Apple, Tesla, Google, Microsoft, they all in same situation, some of them couldn't handle this so they leaved, some stays
Also, DiDi once were banned more than 2 years by authorities, it survived
> Didi naturally had state-backed funding, receiving a significant cash infusion from China's large sovereign-wealth fund
The 'STATE-BACKED' is a typical word used by certain people, it's just some kind of gov investment funds, there're dozens and invested thousands private companys, it's a Socialism country, it's called socialism, what do you expect? Didi is not even a state-owned enterprise. And is this equals to "force to sell"?
> some of the hamstringing restrictions typically imposed on foreign businesses.
Bruh
> China is well-known to have intense domestic favoritism.
That's true, and? many Chinese people also have intense domestic favoritism
BTW, Apple is losing market share in China. However, take it easy, I don't think Apple will be sold to Huawei. Moreover, Apple is produced by Chinese and Indian, why bothered?
1. China asked American SNS companys to 'obey Chinese laws', which mostly refer to content control and data ownership, these companys refused, China didn'tforced them to sell 2. Are you sure to play the 'same as what China does'? hey, we are a totalitarian, authoritarian, dictatorial regime, are we same? think twice