• 0x815@feddit.org
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    30 days 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
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      30 days ago

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

      • 0x815@feddit.org
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        30 days 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.