Originally Posted by
juicykeyboard
Well I mean, if you believe that I have a bridge to sell you.
Is GM succeeding in China or are its joint ventures with Chinese companies succeeding?
Clearly you have no idea how foreign companies access the domestic Chinese market. After the Chinese side of the joint ventures have taken as much IP from GM as they need to operate the business themselves, GM will be barred from the market. These companies are not succeeding in China, they are being tolerated by the CCP temporarily until local competitors can be brought up to speed through forced technology transfers.
Foreigners like you or I, can't even invest into Chinese companies directly (A shares), it's completely closed to foreigners. Yeah you could invest though a dodgy holding company or H shares, but just look what happened to Alibaba shareholders when Alipay was a subsidiary. Jack Ma literally just shifted the ownership of Alipay from Alibaba to his own personal company Ant Financial (supposedly to comply with Chinese law) and the foreign investors (including Yahoo) had no legal recourse.
Maybe you should stop talking b.s. you have no idea what your talking about.