manqiangrexue
Brigadier
This is something that is not true and it was so kind of the Americans to teach us this, even if it was inadverdently. A Chinese company that chases profits at all costs outsourcing its critical tech components overseas to the best bid is useless to China's national power; it is worse than useless because it competes with wholesome Chinese companies in the Chinese market. What are wholesome companies? Those that invest in China, buy Chinese parts, find ways to make these parts perform on par with or better than the foreign parts they could have more easily and empty-mindedly purchased, and contribute overall to the advancement of Chinese technology from the ground up. A small wholesome company is worth infinitely more than any number of large zombie companies assembling foreign parts, picking the low-hanging fruit for nothing but money: artificially valued paper. When a small wholesome company gets a solid footing, then expands into a huge wholesome company, then we have a national champion.Corporates that clear large amounts of revenue are clearly providing valuable goods and services others are willing to voluntarily pay for
Come to think of it, this is another factor in China's gdp growing slower than before: it is the transformation and fat-cutting of large zombie corporations that relied on doing massive amounts of business depending on foreign critical supply chains into lean and mean indigenous tech companies that can truly fight in the tech war. The first phase is turning 10 pounds of fat into 6 pounds of muscle. The second phase is replicating that muscle and spirit into fighting giants giving rise to a forest of national champions. Seeing American struggle and suffer defeat to just 1 Huawei, it's honestly overkill but... you know, once China gets started, there's no stopping it. As the Germans say, "Once the Chinese come after your craft, consider your days numbered."