>>105065523>>105065882It's bizarre to me that companies STILL haven't figured out that China is the biggest honey trap in the world. The Chinese have been employing the same strategy for decades and Western/Asian businesses always fall for it.
You are not allowed to do business in China without a Chinese middleman that owns 50% of your operation there. Initially, things look great on paper, however over time, you are forced to invest more and more of your profits back into the Chinese-owned side of the arrangement. China ensures this through a variety of means, including by severely capping the amount of money foreign businesses are allowed to take out of the country. Eventually the Chinese side of the operation demands access to your intellectual property, trade secrets, manufacturing methods, proprietary technology, etc. After acquiring what their side was after, a "scandal" is manufactured and Chinese nationalistic sentiment is utilized to force you to sell off your side of the business to the Chinese side, which then rebrands and continues to sell your IP and products without you.
This method of thievery has happened time and time again with hundreds of Western/Asian businesses from steel production to Blizzard Entertainment to even hololive itself.
Never trust the Chinese. They are treacherous, unscrupulous snakes who only see you as a mark, not a business partner.
