>>69234585The only companies that come out ahead when interacting with China are the ones dealing in commodities, especially at scales large enough to avoid being scammed. More arguably manufacturing, but it's a tossup between cheap labour (which isn't that cheap anymore) and how much they've lost to IP theft, and you can only easily quantify the former. All companies dealing in services/entertainment end up losing in China, usually after an initial year or two where the CCP holds off on constantly changing the laws.
China draws in companies with the promises of untapped markets, then through IP theft, hacking, and poaching workers they suck international companies dry. Once they've gotten what they want, they spin up local copies from stolen IP/expertise and turn their army of loyal drones hostile and the local branch of the international company either splits completely or gets shut down.
