• 1.02K Posts
  • 255 Comments
Joined 5 months ago
cake
Cake day: June 26th, 2024

help-circle




  • This is just a pilot, and the rules will be refined as the article also says. It will mean a tougher stance towards China forcing them to play by the same rules. It is simply what China is doing.

    The requirements, while at much smaller scale, echo China’s own regime, which pressures foreign companies into sharing their intellectual property in exchange for access to the Chinese market. The criteria could be subject to change ahead of the tender, officials said.














  • Domestic demand for vehicles has cooled in China, and China now has a strong car industry of its own, with an aggressive export policy.

    Yes, China has a structured overcapacity fueled by state subsidies. That has led to a fierce price competition in the Chinese market with many Chinese carmakers going bankrupt, while the remaining car manufacturers seek their cure in exports that are only possible by just these huge state subsidies and forced labor.

    At the same time, China’s markets remain closed. For example, foreign car companies can’t establish a subsidiary in China, they need a Chinese partner who then holds the majority of the joint venture. Just to name an example.

    There is no reciprocity, which is a crucial thing in international trade. Of course, this wouldn’t solve Germany’s or Europe’s issues, but it is part of the problem. And it is right that Europe and other countries and blocs -including China’s Asian neighbours to whom these issues apply as well- protect their markets accordingly.













  • In related news, search engine Google just announced to roll out a test that gets rid of results from news publishers based in the EU.

    This test will affect 1% of users in Belgium, Croatia, Denmark, France, Greece, Italy, the Netherlands, Poland and Spain. We will continue to show results from other websites, including news publishers based outside the EU. We intend to use this test to assess how results from EU news publishers impact the search experience for our users and traffic to publishers.

    G does not say when the test will end.

    As we know, Google has threatened to pull news links in Canada in response to the Online News Act of 2023 which forced all tech companies to come out with compensation related to linked content with any online news publisher. After months of negotiations, Google agreed to pay $100M each year to Canadian news organizations afaik.

    A similar incident happened in California in the U.S. where Google briefly removed links to California news outlets in response to the proposed California Journalism Preservation Act (CJPA). The new law would force Google to pay publishers in return for using links to their pages. For now, the bill is yet to be confirmed but Google managed to strike a deal with lawmakers this summer.

    Maybe that provided some additional context.



  • There are multiple examples of Chinese subsidiaries and/or takeovers of European companies in Europe, but there are no examples of European companies doing the same in China. In no sector. The rules are nowhere the same, not even remotely.

    The only Chinese province where completely foreign-owned companies were possible was Xiamen, but that lasted until the 2000s or so (I don’t remember the exact date). Your statements are outright false.

    In all what constitutes fair competition, China lacks behind. China is a totally closed shop by any comparable standards with -in addition to that- grave human rights issues in the country, and the situation has been worsening in recent years.






  • 0x815@feddit.orgtoEurope@feddit.orgPSA: Be careful with Euronews
    link
    fedilink
    English
    arrow-up
    50
    arrow-down
    1
    ·
    7 days ago

    An Orban-linked group acquired Euronews back in the spring, reportedly by using public funds provided by the Hungarian state. I was surprised that until now, there appeared to be no visible changes in the editorial policy (the outlet has been very critical of Russia, China, Hungary, etc.). But now things appear to change.