Surely this is sarcasm?
Yes absolutely. China.
You have to give away 50% of your local subsidiary just to operate there.
And why do you think Google and Facebook don’t even offer their services there?
> You have to give away 50% of your local subsidiary just to operate there.
I'm not sure how generally you meant to speak, but this is no longer true as a general claim.
"As of November 1, 2024, China has removed all restrictions on foreign investment in the manufacturing sector, allowing foreign investors, including Americans, to own up to 100% equity in Chinese manufacturing enterprises."
What's your source on that? Apple, Microsoft, Tesla and Amazon all operate in China and I don't believe they had to give up 50% of their local subsidiary. Google withdrew from China because it didn't want to comply with local laws (e.g. censorship).