NewsLab
Jun 28 18:50 UTC

Feds Killed Polestar and Spared Volvo (thedrive.com)

169 points|by mraniki||163 comments|Read full story on thedrive.com

Comments (163)

120 shown|More comments
  1. 1. SilverElfin||context
    It’s because the Polestar cars have a lot more electronic surveillance than the Volvo models, which have had only minor tweaks and have mostly not been updated for years.
  2. 2. Terr_||context
    If it were just about electronic surveillance, a bunch of other cars/manufacturers would be getting impeded or at least get some sort of negative scrutiny.

    https://www.mozillafoundation.org/en/privacynotincluded/cate...

  3. 3. andsoitis||context
    None of those are Chinese-owned, as far as I can tell.

    Polestar is predominantly Chinese-owned. Federal Connected Car Rules instituted a ban on the company selling cars in the United States.

  4. 4. killingtime74||context
    All of them are Chinese owned. https://en.wikipedia.org/wiki/Geely. Geely, Polestar, Volvo, Zeekr, Smart, Lotus. All the same group
  5. 5. caminante||context
    Did you mean to reply to a different comment?

    I don't see any of those on the mozillafoundation page, per @andsoitis.

  6. 6. killingtime74||context
    Oops, indeed
  7. 7. mukbangpervert||context
    Correction: it is because a major Republican donor wants Chinese cars banned, because they beat the living shit out of his offerings on quality and value.

    It is silly to credulously pretend that the excuse about Chinese software has even a whiff of legitimacy.

  8. 8. natch||context
    It's hard to parse this without concluding that you are perhaps unaware that Volvo is Chinese.
  9. 9. mukbangpervert||context
    I should've said competitive Chinese EVs to be precise.

    (Though I thought that anybody as smart as you think you are would've inferred that without issue)

  10. 10. dybber||context
    They need to balance between the Silicon Valley oligarchs desires and the MAGA voters possible reactions. Banning Volvo would probably not be well received by MAGA, at least Trump would need a bit more time to build the case that these vehicles are now unreliable.
  11. 11. natch||context
    Having spent some time in California and seen things town by town at a very granular level, I think woke voters are the ones driving Volvos.

    So while I didn’t quite follow that reference, it’s true that if Trump were to ban them for simply being owned by China, then he’d be kind of screwed because he’d then have to ban all his own merch like the Trump phone and his made-in-China MAGA hats.

  12. 12. carlivar||context
    Isn't this using Biden administration guidelines?
  13. 13. caminante||context
    Yes. Biden did it in his last month.

    Disregard this parent's bias.

    As I mentioned above, it's not fringe to ban Chinese hardware for security concerns. They've been surreptitiously planting undisclosed control equipment. [0] No company would knowingly add more costs and complexity for nothing in return. And if the Chinese maker didn't know about the trojan tech, then it's even more concerning.

    [0] https://www.reuters.com/sustainability/climate-energy/ghost-...

  14. 14. caminante||context
    "Silly? Pretend?"

    You might want to re-evaluate your political bias.

    There is precedent. And it's not just the US that's concerned about Chinese stealth tech.

    [0] https://www.reuters.com/sustainability/climate-energy/ghost-...

  15. 15. IneffablePigeon||context
    Huh? Polestar and Volvo’s electric models share a very large part of their software stack, see [1]. I’ve seen forum posts talking about where the service centre accidentally loaded the Volvo software onto a Polestar. There is really quite a lot shared between the vehicles of these two companies.

    [1] https://insideevs.com/news/774024/volvo-software-ex90-fixes/

  16. 16. andsoitis||context
    It does not terrify me.
  17. 17. jleyank||context
    Might it be that one sells EV’s and the other sells ICE cars? Or perhaps stupidity re Volvo’s ownership? Or a missing bribe?
  18. 18. linzhangrun||context
    Volvo also has BEVs, which are rebadged Zeekr (Geely) and mainly sold in China.
  19. 19. dcrazy||context
    Volvo’s EX line of EVs is sold here in the U.S.
  20. 20. Kon5ole||context
    To be clear - most of Volvo's BEVs are their own designs, including all currently for sale in the US.
  21. 21. cuu508||context
    Or maybe somebody at the decision table had sentimental feelings for Volvo. Like Kyoto.
  22. 22. jauntywundrkind||context
    The feds also controlling who has access to AI models. https://news.ycombinator.com/item?id=48692995

    It's all just this lawless personal fealty shit.

  23. 23. delichon||context
    It would be better if the AI censorship was lawless, rather than authorized by the Arms Export Control Act of 1976, since that would allow the Article III branch of the federal government to be a defense against it. The lawfulness makes it worse.
  24. 24. malcolmgreaves||context
    The same kind of thinking was used on encryption algorithms in the 90s.
  25. 25. uproarchat||context
    Only a few of us are big enough to fit an LLM on a tshirt
  26. 26. delichon||context
    You could fit all of Mythos on a t-shirt in microfilm size. But washing a microfilm shirt would be tricky.
  27. 27. AnthonyMouse||context
    Some people have been pointing out for decades that granting unchecked discretionary powers to the executive branch is a hazard. Now there is an executive using them to do things a lot of people don't like.

    Are the people who don't like it going to withdraw those powers the next time they have the opportunity? The main alternative is more of this.

  28. 28. elzbardico||context
    Probably the stupid politician behind it didn't get the memo that Volvo is no longer a swedish company?
  29. 29. scythe||context
    I think it's half this and half that Volvo is still a recognizable brand that Americans grew up with. My mother had a Volvo when I was seven. People would react if Volvo was banned. Polestar? What's that?

    But Geely can throw down the gauntlet by building Polestars and relabeling them Volvos.

  30. 30. onesociety2022||context
    This is probably the reason. Volvo brand is well established in the USA while Polestar is new. So not very Americans would complain if Polestar is banned as compared to Volvo.
  31. 31. cookiengineer||context
    Maybe Volvo has some Swedish brand advertising running on Fox news?
  32. 32. hnarn||context
    That depends on which Volvo you’re talking about.
  33. 33. jfengel||context
    If you waited until today to get terrified... Then I guess you're one of today's unlucky 10,000. Congratulations, or something.
  34. 34. illiac786||context
    Well but they were one of the lucky ones not living in terror for all the days past. Truly lucky, no irony here.
  35. 35. AnotherGoodName||context
    What makes a car ‘made in China’ (therefore over 100% tariffs) vs ‘assembled in the USA’ (therefore no tariffs)?

    The battery, engine and everything else is absolutely Chinese made. I don’t know how much assembly there is honestly but i feel the Geely, err i mean Polestar was a little close to that line.

    I will say the laws around this indicate just how ridiculous tariffs can be. There’s always some line to press up against and honestly if electric motors, batteries, car bodies and wheels from china have different tariffs to a car as a whole it’s always going to lead to china shipping those parts in an easy to bolt together way to ‘make a car’.

  36. 36. mixologic||context
    Read up on the "chicken tax" for how long the auto industry has navigated weird assemvly games: https://en.wikipedia.org/wiki/Chicken_tax
  37. 37. walrus01||context
    I think my favorite part would be where they were unbolting entire seats and feeding them directly into industrial shredders.

    "Ford imported all of its first-generation Ford Transit Connect models as "passenger vehicles" by including rear windows, rear seats, and rear seat belts.[1] The vehicles were exported from Turkey on ships owned by Wallenius Wilhelmsen Logistics (WWL), arrived in Baltimore, and were converted back into light trucks at WWL's Vehicle Services Americas, Inc. facility by replacing rear windows with metal panels and removing the rear seats and seat belts.[1] The removed parts were not shipped back to Turkey for reuse, but shredded and recycled in Ohio.[1] The process exploited the loophole in the customs definition of a light truck; as cargo does not need seats with seat belts or rear windows, presence of those items automatically qualified the vehicle as a "passenger vehicle" and exempted the vehicle from "light truck" status. The process cost Ford hundreds of dollars per van, but saved thousands in taxes.[1]"

  38. 38. bagels||context
    I wonder if manufacturers are using LLMs to find all the dumb loopholes in the laws that they can.
  39. 39. sublinear||context
    If the law was that simple, we wouldn't need the rest of the judicial system.
  40. 40. khuey||context
    Ford ended up paying $365 million (roughly $2200 per van) to settle a lawsuit from the government over that.
  41. 41. mattas||context
    Reminds me of this.

    There's a whole industry around reverse engineering tariff classifications to find ways to minimize all-in manufacturing cost.

    For example, let's say you sell air purifiers.

    Option 1 is to import an air purifier and pay the 25% tariff (or whatever the actual duty rate is) on air purifiers.

    Option 2 is to import a widget that gets classified as a fan (with 5% duty) and import a widget that gets classified as an air filter (with 10% duty), then put them in the same box somewhere in the US.

    Both are sold to consumers as an air purifier. But one of the options minimizes total cost to the manufacturer.

  42. 42. mopsi||context
    To add to this, sneakers with a barely visible fuzzy fabric bottom are one of the best examples of tariff engineering: https://www.gazetc.com/blog/2010/08/sneaking-through-us-cust...
  43. 43. ifwinterco||context
    The solution is to tax the capital account instead (tobin tax) or at the very least put the same tariff on everything.

    But politicians can never resist exceptions and carve outs and then the game starts again

  44. 44. AnthonyMouse||context
    > The solution is to tax the capital account instead (tobin tax)

    Isn't that just going to further advantage multinational corporations that don't have to move currency in order to move resources because they're all within the same corporation?

  45. 45. ifwinterco||context
    I think you could only avoid it indefinitely if your operations are balanced, i.e. you make some stuff in China and sell it in the US, but also make something in the US and sell it in China.

    Otherwise if you make everything in China and sell it in the US you'll eventually have to transfer USD from your US operation to your Chinese operation to pay suppliers, labour, taxes etc.

  46. 46. AnthonyMouse||context
    You wouldn't have to make it in the US, or even make it at all, you would only have to pay for it there. You also wouldn't have to deliver it to the place you want the money to end up, only to the location of someone willing to pay you there. You could be paying US dollars at a bank in New York to a company based in Australia to have them deliver iron ore to a company in India willing to pay you for it in China.
  47. 47. ifwinterco||context
    I think actually Tobin tax is the wrong word sorry. I don't mean just taxing FX transactions, I mean taxing all cross-border capital flows. So yes you can do everything in dollars (and a lot of the time the dollars never need to leave New York)

    But eventually you do have to pay the workers and taxes in China in yuan, and ultimately that money comes from the US consumer, making some kind of US capital account transaction inevitable?

    Maybe I'm missing something but I think it does work because ultimately a current account deficit mathematicaly has to be exactly balanced with a capital account surplus. You can attack the current account side with tariffs, but it's actually more elegant to attack the capital account surplus instead

  48. 48. 3eb7988a1663||context
    Radiolab[0] had a story about this involving "toys" vs "dolls".

      "Dolls," which represent human beings, are taxed at almost twice the rate of "toys," which represent something not human - such as robots, monsters, or demons. As soon as they read that, Sherry and Indie saw dollar signs. it just so happened that one of their clients, Marvel Comics, was importing its action figures as dolls. And one set of action figures really piqued Sherry and Indie's interest: The XMEN, normal humans who, at around puberty, start to change in ways that give them strange powers.
    
      So Sherry and Indie went down to the customs office with a bag of XMEN action figures to convince the US government that these mutants are NOT human. That argument eventually became a court case that went on for years. 
    
    [0] https://radiolab.org/podcast/177199-mutant-rights
  49. 49. netfortius||context
    Putting the parts in the same box, in the US, may cost more than the tariff for the whole thing being built in China or India.
  50. 50. rtpg||context
    the justification given for the ban (provided in other sources) is that Polestar's software stack is made in China. The theoretical spooky thing is China forcing some "evil" software update that stops all the Polestars.

    The Volvo distinction is ... I mean maybe the Volvo software stack is in Europe or the US. Maybe it's also in China!

    I do not really subscribe to this philosophy but what's going on isn't a "Polestar would be tar riffed" thing. It's an outright "you can't sell em" thing

  51. 51. InsideOutSanta||context
    I think there's a reasonable argument that modern cars are so full of cameras and other surveillance gear that there should be some rules about where this data is sent and how it's handled.

    Unfortunately, this doesn't seem to be that.

  52. 52. rvnx||context
    It could be that US would benefit from having a more generic GDPR law rather than individual enforcement.
  53. 53. eps||context
    The not-so-theoretical spooky thing is that the car requires an account to operate, and all its activity ends up being linked to a very concrete person, in most of the cases, and that's being vaccumed by China.

    It's a perfectly valid concern, obviously. However in the current context of a blatantly corrupted government this might be a squeeze for money or just something done out of spite.

  54. 54. trhway||context
    the main point to me here is that such decisions should be fully public including all the input info and all the reasoning that is behind the decision, similar to a court case. Instead we have that guessing game.
  55. 55. garyfirestorm||context
    Corruption and transparency are polar opposites
  56. 56. mikrotikker||context
    Not when it comes to issues of national security
  57. 57. ChrisArchitect||context
    Related:

    Feds deny Polestar authorization to sell cars in US from model year 2027

    https://news.ycombinator.com/item?id=48678494

  58. 58. fsckboy||context
    >Polestar is done in the U.S. market. Its sister brand Volvo, owned by the same Chinese parent company, was spared. No one has explained why. The U.S. Federal Government is meddling with the automotive industry, the free market, and capitalism.

    I'm not saying "trust the government", not at all. But meddling in China trade is absolutely not meddling with the free market.

  59. 59. DangitBobby||context
    How is preventing a Chinese brand from selling here not meddling in the free market?
  60. 60. AnthonyMouse||context
    "Free market" implies regulators aren't picking winners and losers etc. If China subsidizes their export industry to make manufacturing in other countries uncompetitive then it's already not a free market.

    Ideally what you would want is to get China to stop doing that, but now propose a mechanism to get them to.

  61. 61. decimalenough||context
    Have you seen Polestar's pricing? They're very much positioned as the premium EV option and their pricing is pretty much the opposite of dumping.
  62. 62. AnthonyMouse||context
    Commercial airliners cost tens of millions of dollars, does that imply a company that makes them isn't being subsidized by their government?

    China subsidizes (among other things) battery manufacturing, which is the biggest single cost for making EVs. If you get your batteries cheaper than competing companies then you can make premium cars with an electric range at the high end of the market and then use the subsidized cost to provide other amenities that cause customers to choose your product over alternatives even at a premium price. It allows you to take the high end of the market on value just as well as the low end on cost.

  63. 63. happymellon||context
    You make it sound like the US doesn't massively subsidise entire markets and then try to force other countries to accept these market distortions.
  64. 64. AnthonyMouse||context
    Expecting other countries to do the right thing while not doing it yourself makes you a hypocrite, it doesn't change what the right thing is.
  65. 65. fsckboy||context
    >How is preventing a Chinese brand from selling here not meddling in the free market?

    because trade balances are established by free markets, but China doesn't allow many of our goods and does not allow free market competition. Also "strategic dumping" to establish supremacy in markets which can later be exploited.

    also, "free market" does not have anything close to a precise meaning; i used it because you used it but it's highly ambiguous, better to rephrase sentences to accurately include the phrase "market clearing price" while identifying external strictures which might move the market clearing price away from where it should be.

  66. 66. Eufrat||context
    The policy of the United States is currently a roulette wheel suffering from dementia that believes that Siri is a Norwegian supermodel they can use to seed the future Herrenrasse.
  67. 67. WarmWash||context
    The entire article doesn't once stipulate that the grounds for banning a Chinese owned car is having telemetry that phones home to China.

    Maybe Volvo still does and it's a mystery why they can still sell here. Maybe Volvo doesn't and there is no story here.

    But if the car talks to China and gets updates from China, the US doesn't care if it's built here.

  68. 68. Anoian||context
    The audacity of the USA to do this to the entire world but banning anything foreign that does it to them.
  69. 69. mikrotikker||context
    It's good to be on top.
  70. 70. stephbook||context
    Do you have an official announcement this is the case or are you just making excuses for this administration?
  71. 71. pegasus||context
    He's just saying the article does not even discuss this vital distinction, let alone bring evidence either way.
  72. 72. stephbook||context
    It's impossible to prove the nonexistance and mentioning hearsay wouldn't be good.

    The onus is on the commentator to substantiate his claims of there being a rationale.

  73. 73. juliusceasar||context
    Well, that is not true. The 'nonexistance' part. All new car phone home, and that is somewhere on the world.
  74. 74. xethos||context
    Ironic coming from the country with three domestic OEMs, and routinely threatens economic annexation of my country
  75. 75. idiotsecant||context
    It also doesn't discuss if the polestar was made of asbestos or if it was dangerous to unicorn spawning habitat.
  76. 76. WarmWash||context
    https://www.bis.gov/connected-vehicles

    It is from the Biden era too, nothing to do with "this administration". Just common sense governing.

  77. 77. mrtnmcc||context
    What does it even mean to "get updates from China"?

    Software these days is distributed and globalized in virtually every sense. Polestar is headquartered in Sweden and much of their software development is in the UK.

  78. 78. chvid||context
    There are no concrete guidelines or rules as this article illustrates.
  79. 79. eps||context
    It means that Polestar's ultimate owner is a state-aligned Chinese conglomerate.

    The devs, in the UK or not, will do what it tells them to do.

  80. 80. crote||context
    Volvo's ultimate owner is the same state-aligned Chinese conglomerate.

    The question isn't "why ban Polestar", it is "why ban Polestar without banning Volvo". They are both headquartered in Sweden, they are both owned by the same conglomerate, and they are often even both manufactured in the same factories. So what makes them different enough to warrant banning only one of them?

  81. 81. graemep||context
    From other comments where telemetry goes to, and possibly the level of remote control in the cars.

    It appears to be a general ban on "connected vehicles" controlled from certain countries even if built in the US[1], so I would guess that Volvo does not meet the criteria for that.

    1. https://www.topgear.com/car-news/usa/polestar-has-been-banne...

  82. 82. neogodless||context
    My Polestar has the word "Volvo" on several parts. They share a software stack and get the same updates.
  83. 83. graemep||context
    Who deploys and controls it? Do they operate separately, use the same servers etc.
  84. 84. mikrotikker||context
    Nice pivot.
  85. 85. olyjohn||context
    Because Polestar isn't a household name in the US. Most people have no clue they are even selling Polestars here. Volvo is very well known brand that has been established in the US for many years. and most people don't know it's Chinese-owned now. If someone said "ban Volvo" people would actually stop and wonder WTF is going on. You say "ban some brand of Chinese EV that you've never heard of," people aren't really going to care that much.
  86. 86. mrtnmcc||context
    That's some extreme paranoia. Don't you think the devs are competent or ethical enough to call out an ask like that?
  87. 87. idiotsecant||context
    This is a remarkable opinion.

    If we have problems with consumer-hostile behaviour like tracking users, remotely disabling vehicles, or other things like that we should outlaw those behaviours in products used in the US.

    We will never do that because Western auto manufacturers want to be able to behave badly in the same way Chinese manufacturers might and they have a firm grasp on the American governments leash.

    'Its from China' is a dumb reason not to allow a product into the market. If there are specific features, standards, etc that should be followed, enforce those.

  88. 88. graemep||context
    I agree with you that consumer hostile behaviour should be illegal. Realistically, governments want this because it gives them more control so its not going to happen.

    "its from China" is a good reason for many countries. A lot of countries are currently worried about their dependence on the US. They would have a lot more to worry about if they were dependent on China. Is it a good idea for European countries to put themselves in a position where China could disable half the vehicles in their country? The same for every Asian country that might have a dispute with China. Just borrowing money from China has proved to be a disaster for some Asian countries even without a dispute.

  89. 89. idiotsecant||context
    I'm gonna blow your mind here... Perhaps we need open firmware in our devices so we know if China, the US government, or Google is adding backdoors to the hardware we own?

    Why is it that when we deal with China it's acceptable not to trust the vendor but when we buy from literally anyone else we have to accept the enormous number of backdoors and implicit spying that comes with it?

    China isn't the problem. The perverse incentives created when we don't own our own gear is.

  90. 90. graemep||context
    > I'm gonna blow your mind here... Perhaps we need open firmware in our devices so we know if China, the US government, or Google is adding backdoors to the hardware we own?

    Yes, dream on. How are you going to politically push through something very few people even understand? I covered this is in the first line of my comment.

    > Why is it that when we deal with China it's acceptable not to trust the vendor but when we buy from literally anyone else we have to accept the enormous number of backdoors and implicit spying that comes with it?

    You have to accept it from someone. You seem to have missed my point that for many people (and countries) trusting Chinese vendors is worse than trusting the alternatives.

  91. 91. idiotsecant||context
    Why do we have to accept it? People assume so many distasteful aspects of our society are inviolable features of reality and not just something some people decided.
  92. 92. WarmWash||context
    It has nothing to do with consumer hostile behaviors. Its bad when a hostile foreign government has control over and information about (think blackmail, not ads) your citizens.

    A junior engineer on the x-500 future fighter jet drives a polestar and seems to be visiting the house of a single woman (which they know from tiktok days) while his family would probably think he would be at work. Will this guy throw away his family or start handing over USB keys?

    Any even mildly intelligent politician is going to try and block this ability.

  93. 93. xethos||context
    > Its [sic] bad when a hostile foreign government has [...] information about [...] your citizens

    How many domestic automotive manufacturers does America have, and how many times has the current administration threatened annexation of their Northern "ally"?

    This is, at best, hypocrisy; and being on the recieving end of the annexation threats, I'm disinclined to use the most generous interpretation of America's "Rules for me but not for thee" attitude

  94. 94. WarmWash||context
    You don't have to buy any American products, and can vote for politicians that want to ban American access to Canadian markets.

    Countries have been spying on each other (and their citizens) for centuries. Its not hypocrisy so much as run of the mill geopolitics.

    Also, this rule is from the Biden administration, not Trump.

  95. 95. riskd||context
    What’s your actual point here? Is it that no country should ever trust another because they can one day turn hostile? Are you advocating that all global trade of electronic-based products should be banned?
  96. 96. idiotsecant||context
    You're being confused by nationalism into not seeing that you're making exactly the point I just did. The bad thing here is not that China knows where you are 24/7. It's that anybody does. Why is it bad for China to be able to spy on you but acceptable that Google can? The US government? How about we just STOP THE SPYING? Regardless of who is doing it?
  97. 97. mikrotikker||context
    Great. But the solution is not to let china just do it while we work on the solution. Block them, and work on blocking local suppliers.

    Don't double the problem before you try to fix it.

  98. 98. _DeadFred_||context
    But GMs security of their tracking information is 100% perfect and no foreign adversary will gain access? BS. Either we need to ban it completely for all manufacturers, or we don't actually care.
  99. 99. consumer451||context
    Honest question: what would prevent the CCP from buying telemetry on the open data market via intermediaries, from cars that were made in the USA?
  100. 100. wolvoleo||context
    Nothing but there they don't get to pick and choose what they want to log.

    But yeah this thing is likely more protectionism.

  101. 101. consumer451||context
    Last I checked everything is logged in the USA. If you want to make a data play in the USA, why wouldn't you log and sell everything? IIRC, the Subaru US EULA even included intimate activity.
  102. 102. jruz||context
    But having my Tesla made in Europe phone the US is totally fine right?
  103. 103. vrganj||context
    It's crazy to me there hasn't been a backlash against that yet
  104. 104. m2f2||context
    .... but having all of EU defense including F35s calling in home in Trump US before every mission is totally fine right?
  105. 105. graemep||context
    There is no such thing as EU defence - EU states have their own forces. The main defensive alliance in Europe is NATO, and the most important NATO country is the US.
  106. 106. type0||context
    For Northern Europe there's UK led JEF

    https://en.wikipedia.org/wiki/Joint_Expeditionary_Force

  107. 107. graemep||context
    Less important than NATO, and not EU either - 10 countries, six of which are in the EU, three including the lead country are not.
  108. 108. Kon5ole||context
    I would be more terrified if they didn’t spare a manufacturer who designs and makes cars in Sweden and the US since decades just because the majority owner is Chinese.
  109. 109. queenkjuul||context
    Polestar designs cars in Sweden and builds then in the US for many years, it's still strange
  110. 110. Kon5ole||context
    I don't think Polestar should be banned, nor any other Chinese car maker for that matter, but I can understand why Volvo gets a different treatment.

    Volvo probably employs several 1000s of people throughout the US from decades of dealerships, workshops, second hand sales etc, and they have a relatively large factory in the US.

    Polestar OTOH has no factories and use direct-sales instead of going through dealerships.

    So it's likely that Volvo generates a lot more value inside the US than they extract, while Polestar probably doesn't.

  111. 111. hawkice||context
    The vast majority of the value provided vs extracted, for any business, is related to consumer surplus and gross margins, as opposed to payroll.
  112. 112. insane_dreamer||context
    Are they going to also ban Jaguar and Land Rover because they're owned by an Indian company?
  113. 113. chvid||context
    If you go to China you will see plenty of KFC, Starbucks, Apple, and Tesla. American companies that all make billions out of the Chinese market.

    Yet the US government seems happy to play games like this; there must be someone thinking - hey the shoe could soon be on the other foot? Maybe we should cool it a bit ...

  114. 114. ronsor||context
    Those are the exceptions that prove the rule. It's very difficult for US or Western companies in general to do business in China without opaque restrictions, corruptions, and share ownership hoops. If the US is playing games, then it's closer to kids playing soccer on weekends; China is already in the pro leagues.
  115. 115. chvid||context
    The simple story is: If you go to China you will see US brands everywhere. If you go to the US, you will see Chinese brands nowhere.
  116. 116. Markoff||context
    Really, you will see TCL (and Hisense) nowhere in US? I recommend visiting any store selling TVs.

    Same goes for Thinkpad/Motorola, but I guess there at could argue these are not original Chinese brands.

  117. 117. busterarm||context
    Also Tencent, GE, Smithfield Foods, Legendary Pictures, DJI, AMC Theaters…
  118. 118. 05||context
  119. 119. busterarm||context
    DJI makes a ton more than just drones.
  120. 120. chvid||context
    Yes - really. The presence of US companies in China is huge and everywhere whereas the presence of Chinese companies in the US is tiny.