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Pure BS. The rules of WFOE are clearly established. If foreign companies had to give up ownership just to sell into the Chinese market, who in their right mind would do that? Many, many corporations have done it, and the only reason they did it, is to increase profits. If they had to give up ownership, no one would do it. You think people are stupid?
[–] 20482120? ago
I read the entire link, where did you get the CCP activity crap?
[–] 20482188? 0 points 2 points 2 points (+2|-0) ago
Every large company in China including Apple has to have ccp ownership including officials on location.
[–] 20486356? ago
Oh dear god
[–] 20488133? ago
Pure BS. The rules of WFOE are clearly established. If foreign companies had to give up ownership just to sell into the Chinese market, who in their right mind would do that? Many, many corporations have done it, and the only reason they did it, is to increase profits. If they had to give up ownership, no one would do it. You think people are stupid?
https://www.wfoe.org/