Quote Originally Posted by juicykeyboard View Post
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.
Lol please, spare me with the shifting of goal posts and backtracking. You asked if any western company was successful in china and clearly there were. Who cares if they were joint ventures with a local company or not. They still made profits. Of course, if you want to do business in any country you gotta abide by their rules. GM sold more cars in china at one point than in US. Obviously they were happy enough with the deal and were successful in their business there. Not to mention Yum brands started out as a sole venture in china from the US.

And yet Yahoo got a great deal out of a small initial investment whichbIt sold half back for about $7.6 billion in cash and preferred stock in 2012. Considering the company was going downhill and worth less than their Alibaba holdings at the end, they got out of that with a handsome profit. If anything, it was their investment in alibaba that saved them from being bought over earlier before the inevitable happened.

Stick to med stuff and less bs please