I dont trust the chinese state or chinese companys
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Posted On: 02/06/2020 4:52:01 PM
Re: ClosetInvestor #17171
I dont trust the chinese state or chinese companys (basically the same).
Just look whats going on now with Gilead.
Feel free to convice me otherwise, that it would be safe and lucrative for us to do business with a big chinese pharma company.
Maybe someone has a couple of examples where it played out well, and they didnt just stole there IP and really stuck to the contracts.
Additionally, as far as I know, there are Billions of US$ frozen in China from US companys, including huge companys like apple, since years! They cant get that money out!
China is badly in need of US$ right now, and wont let it out.
If you doubt my words, listen to Kyle Bass.
Just look whats going on now with Gilead.
Feel free to convice me otherwise, that it would be safe and lucrative for us to do business with a big chinese pharma company.
Maybe someone has a couple of examples where it played out well, and they didnt just stole there IP and really stuck to the contracts.
Additionally, as far as I know, there are Billions of US$ frozen in China from US companys, including huge companys like apple, since years! They cant get that money out!
China is badly in need of US$ right now, and wont let it out.
If you doubt my words, listen to Kyle Bass.
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