Saturday, March 25, 2023

How Large Is the Commie Discount? - WSJ - James Freeman

How Large Is the Commie Discount? - WSJ - James Freeman
"...The problem with the status quo is that few people believe ByteDance or any other Chinese firm can resist the nasty demands of Xi Jinping’s giant police state.
...Chinese authorities have some experience in back-channeling surveillance requests: 
  • Federal prosecutors in 2020 charged a Zoom executive in China with giving people’s data to government officials and disrupting video calls about Tiananmen Square; he remains wanted by the FBI.
It’s not easy to find evidence of ByteDance defying the communist regime....

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