this post was submitted on 08 Mar 2024
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You have a misunderstanding of how China's government operates. It does not matter how much stake the government holds, companies just cannot say no to the government's request. Otherwise you will be disappeared. See Alibaba for example.
Remember, China does not have a democracy.
That's literally the same thing the us government is doing here....
Ooooof, somebody licking the boot of capitalism a little too hard.