Comment by suraci

Comment by suraci 4 days ago

2 replies

You can ignore my following comments if this will make you feel better...

> *If* Uber had become a commercial success in China, Chinese authorities ultimately *would* have clamped down to protect their domestic competitors.

classic demonizing and loser's execuse

> firms that do occasionally find success often face headwinds from Chinese regulators who limit their access to the domestic market.

every other demestic companys face headwinds from Chinese regulators, just like I mentioned above, and Apple, Tesla, Google, Microsoft, they all in same situation, some of them couldn't handle this so they leaved, some stays

Also, DiDi once were banned more than 2 years by authorities, it survived

> Didi naturally had state-backed funding, receiving a significant cash infusion from China's large sovereign-wealth fund

The 'STATE-BACKED' is a typical word used by certain people, it's just some kind of gov investment funds, there're dozens and invested thousands private companys, it's a Socialism country, it's called socialism, what do you expect? Didi is not even a state-owned enterprise. And is this equals to "force to sell"?

> some of the hamstringing restrictions typically imposed on foreign businesses.

Bruh

> China is well-known to have intense domestic favoritism.

That's true, and? many Chinese people also have intense domestic favoritism

BTW, Apple is losing market share in China. However, take it easy, I don't think Apple will be sold to Huawei. Moreover, Apple is produced by Chinese and Indian, why bothered?