Comment on US adds web and gaming giant Tencent to list of Chinese military companies

Viri4thus@feddit.org ⁨1⁩ ⁨year⁩ ago

• Dark_Arc@social.packetloss.gg ⁨1⁩ ⁨year⁩ ago

  China is state capitalism. Capitalism isn’t losing. The West is losing because China is using state funds to buy up successful Western companies, and as their new owner, has the ability to force them to do China’s bidding.

  Meanwhile the West is completely barred from buying a majority stake in any successful Chinese company and even if it could would not be taking it over on behalf of serving the state.

  The problem is China plays by its own rules and those rules are heavily stacked against every other nation. That was fine when they were making junk for Walmart; it’s not so fine when it’s highly sophisticated electronics and software (that can do whatever China wants it to in the West) … and to add injury to insult it’s often based on stolen Western technology (since us idiots decided to put the factories that manufacturer the designs there).

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• ZILtoid1991@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Nobody really cares about the rules. While I don’t like capitalism, unfortunately it also starts a new era of imperialism, where the strong ruthlessly conquers the weak, see Israel-Palestine, Russia-Ukraine, and China-Taiwan.

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  • Viri4thus@feddit.org ⁨1⁩ ⁨year⁩ ago

    One of those is not like the others…

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    • macgyver@federation.red ⁨1⁩ ⁨year⁩ ago

      You’re totally right, China isn’t actively sending missiles to Taiwan yet

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• TheGrandNagus@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I mean it’s not like China was open and allowed competition from western companies.

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  • NatakuNox@lemmy.world ⁨1⁩ ⁨year⁩ ago

    This just in, “Wealthy people everywhere suck ass! More at 11.”

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  • assassinatedbyCIA@lemmy.world ⁨1⁩ ⁨year⁩ ago

    But it us kind of insulting when America did incredible violence to the global south to get them to open their markets only throw it all out the window.

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