• 0x815
    link
    fedilink
    English
    arrow-up
    6
    arrow-down
    2
    ·
    2 months ago

    Chinese companies should only be allowed to found companies in the EU as a joint venture with a European partner, while this European partner holds a controlling majority. I am sure that China will fully support such a law as a reciprocity is an important feature of global trade.

    • schizoidman@lemm.eeOP
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      3
      ·
      2 months ago

      This perfectly exemplifies the saying, ‘If you can’t beat them, join them.’

      • 0x815
        link
        fedilink
        English
        arrow-up
        3
        arrow-down
        2
        ·
        2 months ago

        Join? No. Global trade requires fair competition, reciprocity, transparent supply chains, human rights baked into economic agreements such as the WTO, among other things.

        What humanity needs is a just transition to solve current and upcoming social and environmental issues. There are many countries in the world whose policies are manifestly unjust, unfortunately.