Comment on Dutch government intervenes at Chinese-owned chipmaker Nexperia
wewbull@feddit.uk 1 day agoAlso China require local representatives in subsidiaries management in China, possibly even Chinese leadership. The Dutch are only playing from the same rulebook.
Hotznplotzn@lemmy.sdf.org 1 day ago
China requires not only Chinese leadership, you can’t even found a subsidiary in China that you would own. You always need a Chinese partner company that would then control the majority stake of the Joint Venture (btw, the only non-Chinese company that is exempted from this rule is Tesla).