China has never had the intention for US Tech to walk away with the profits taken from their consumers. And, why should they? China (especially the Chinese Government) has invested heavily in their people in multiple ways. Any country where the government has owned many areas such as financials, tech, etc. plus invested in their people’s social services is not going to simply allow a company from the west to walk in set up shop and pocket huge profits from their citizens especially when they have brilliant people and money to develop their own SV.
The success of US tech companies in India boils down to 3 factors: consumers, the local competition, and the government.
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