• wewbull@feddit.uk
    link
    fedilink
    English
    arrow-up
    8
    arrow-down
    1
    ·
    16 hours ago

    Also China require local representatives in subsidiaries management in China, possibly even Chinese leadership. The Dutch are only playing from the same rulebook.

    • Hotznplotzn@lemmy.sdf.org
      link
      fedilink
      English
      arrow-up
      3
      arrow-down
      1
      ·
      16 hours ago

      China requires not only Chinese leadership, you can’t even found a subsidiary in China that you would own. You always need a Chinese partner company that would then control the majority stake of the Joint Venture (btw, the only non-Chinese company that is exempted from this rule is Tesla).