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> hereby they retain most of the equity upside but give majority voting control to a US buyer.

Keen to see this opinion when the Chinese government demands the same from Apple.

'cos we're all equal, no?

The Chinese government carefully controls foreign access to its market already (unlike the US), and already bans quite a few foreign companies from operating on the Chinese Internet (again, unlike the US).

I imagine Apple already complies with whatever they need to comply with in order to make the Chinese government happy.

> 'cos we're all equal, no?

No, we absolutely aren't. The Chinese government has ensured for decades now that foreign businesses have only tightly controlled access to the Chinese people while Chinese-owned (i.e., easily controllable by the Chinese government) businesses have advantages not given to outsiders. (And those outsiders need to open up a Chinese subsidiary that is majority-owned by Chinese investors/companies.)

On the other hand, most Western countries have given Chinese companies near-unfettered access to their markets.

If anything, this TikTok ban is actually making things more equal, if only by a tiny bit.

> If anything, this TikTok ban is actually making things more equal, if only by a tiny bit.

I do t use tiktok and have no skin in the game as an EU resident, but setting a precedent for this kind of behaviour to permit clthe government to simply block anything it wants is basically following in CCPs footsteps, that's certainly not a good thing in my eyes.

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> unlike the US

The US is not a master piece of freedom. Want to market or own foreign shares? Want to travel to Cuba? Have you gone through the crazy US border control process as a foreigner?

Yes, China is absolutely worse. But the US is not a good example.

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Actually what’s scary for Apple, and really for all companies with assets or factories still in China is that recently China prevented Apple from shipping its own equipments out of China to India. China is so fearful of even more unemployments that it is now willing to upset one of its largest employer.

Foxconn stops sending Chinese workers to India iPhone factories In addition, equipment shipments are delayed, potentially disrupting next-generation iPhone production in India.

https://restofworld.org/2025/china-foxconn-factoriesfoxconn-...

You really have to be braindead as a COO if you do not have contingency plan to move stuff out of China this year.

Well if we aren't going to get the actual fruits of capitalism I'm for damn sure going to fight it tooth and nail at home. Shit sucks and I can't think of anyone I trust less than an American capitalist.
> The Chinese government carefully controls foreign access to its market already (unlike the US)

Is there any reason you’re skipping the past 40+ years of turmoil in the Middle East purely from the US trying to control oil fields? Because Iran would like a word with, and there’s a hell lot of other countries behind them waiting their turn

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I'm pretty sure Meta apps, at least Facebook, are banned in China still. Apple complies with the Chinese government and removes banned apps otherwise it can not operate there. I think even Tiktok itself is banned in China, there is a special version just for the Chinese market so their consumers can not see global content.
There is no such ban. Microsoft operates tons of services in China. Internet companies just need to host all Chinese in China using an approved provider. This is the exact same requirement extended to Tiktok, for ages US tiktok data is stored in Oracle cloud with full audit access by appointed American firms.
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Im pretty sure there is no ban per se. They just say: "either put your servers in our jurisdiction or gtfo of here", to which Meta and co. voluntarily decide to not enter the market. CCP still advertises as open to foreign companies though
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Chinese government demands a lot from US companies. Google left for a reason.

Apple is quite a special case since iPhone ecosystem creates many jobs in China. If Apple managed to move jobs to India (or wherever cheap labor is), Chinese government will stop being nice to them.

And even then, right now in China, iCloud service is run by Guizhou cloud, not Apple.

> Chinese government demands a lot from US companies. Google left for a reason.

Yeah, and that reason was incompetence, it's not for lack of trying.

1) China already exerts massive control over all of their social medias via social credit censoring.

2) China absolutely did ban most external social media and forces those that remain to hold data locally.

3) China still has the Great Firewall that everybody forgets about.

4) "He does it too" is the argument a two year old uses and should be accorded the same level of respect.

They already do and it has been that way since "opening" up their markets.
If I recall correctly, Apple isn’t allowed to run iCloud services in China, they are run and controlled by a local company