undefined | Better HN

0 pointsthrowaway-blaze2y ago0 comments

Toyota and Honda both assemble cars here in the US and have a huge network of US-based suppliers. No one believes that those companies operate under Japanese government direction nor that the Japanese government has the ability to influence company management to the degree the CCP clearly can with TikTok. It is well documented that the "Golden Shares" owned by the CCP and the board seat on they have give them fundamental control of the company.

0 comments

ecshafer2y ago

Saying that the CCP is in control due to board seats is a bad reason. China gives CCP membership to the top students in schools, and most people try and join the CCP if they can. The people that make up the tops of companies are most likely to be CCP members because of the fact that highly driven people are most likely to be in or join the CCP. Yes the Chinese government has a lot of control, but members of the CCP being on the board is nonsense. It is extra nonsense when you consider how many US companies have government members on the board. Condoleezza Rice is a board member of Dropbox for example.

j / k navigate · click thread line to collapse

0 pointsthrowaway-blaze2y ago0 comments

0 comments

ecshafer2y ago

j / k navigate · click thread line to collapse