Various American companies have actively been increasing their support for China through investments. Bond purchasing from American companies have actually INCREASED in spite of their responsibility for COVID. This means that they are actively pursuing investments that help a country that is in direct competition and a threat to the US.
More than mere financial investments, the connection American businesses have means they will act in a way that benefits China at the expense of American citizens. Since China is a communist country, their businesses are usually tied to the Chinese government, especially since “the banks in China are under the ruling Communist Party’s control, the biggest firms outside of banking are also under the party’s control, and investments by foreign business are heavily regulated to keep foreign competition out of the equation”, so these businesses are agents of the Chinese government as opposed to merely private. So unsurprisingly, this leads to favoritism by American companies towards that nation.
More importantly in the media, American media companies have been making huge investments in the Chinese box office. Disney has actually been increasing their focus on revenue from the country from making films primarily focused on China like the “Mulan” remake, putting two theme parks in the country, and actively editing content to better appeal to them. However, the greatest sign of their relationship with them is probably the fact that former Disney CEO Bob Iger is interested in becoming the US’s Ambassador to China.
Disney’s relationship to China though has been of huge concern to the USA as its actions have actively invited spying and promoted genocide (seriously). According to former Attorney General William Barr, Disney actually gave Chinese officials positions in management and recently Lucasfilm President Kathleen Kennedy promised collaboration with the government as well. This means they have indirect access to the Department of Defense (DOD) since the company has to work with the DOD for military hardware. In addition, they actively thanked the organization carrying out Uighyr genocide in Xinjiang in the credits for Mulan. Considering the color of the Chinese flag, it’s appropriate that Disney has this many red flags.
They’re hardly the only company that has been doing this though. Paramount, Dreamworks, Lionsgate, the NBA, and Warner Brothers have all been working with Chinese affiliates for a while. Unsurprisingly, this has resulted in censorship for China as well with these studios, such as the NBA banning slogans on jerseys that promoted the Hong Kong protests. Since 20 percent of U.S. box-office ticket sales was accounted for by China, it should come as no surprise that Hollywood has a huge stake in the nation.
This causes problems though as many news stations are owned by those companies. ABC is owned by Disney, CBS is owned by Paramount, and CNN is owned by Warner Brothers. Ask yourself: how likely are these news networks likely to critique anything China does if their owners are in bed with Beijing?
Of course, it is hardly Hollywood that is alone in its relationship with the Asian nation. Manufacturing is quite large there as a lot of US products are shipped in from there. So it should be only slightly surprising that Nike, Apple, and other companies actively worked to kill a bill that punished China for slave labor in the Xinjiang province. Despite all the virtue signalling in favor of social justice, these companies seem to have no problem with full on genocide.
Finally, big tech has a lot of investments there as well. Apple has already been discussed, but Google has been working with Chinese Universities on technological projects while also promising to continue to invest more in the nation. Facebook has also been hiring Chinese nationals to work on its censorship program known as “Hate Speech Engineering.” Even worse, TikTok is owned by a Chinese company.
With Google, Facebook, and plenty of other companies finetooning their search engines, it makes one wonder if they would also be willing to rig their search engines or content to please the nation. There is also worry of privacy and giving info to the Chinese government as well which must be considered. So one must continue to ask if there is interest from the People’s Republic since these companies seem interested in pleasing them.
There are still many more companies that have ties to or done favors for China (such as AMC or Activision), but the point stands. With the continued push from Wall Street to please foreign investment, one must act if they will begin helping out the government in cleaning China’s image. While there are still problems facing the nation, the interest in American business may hurt American citizens more than economic competition with a country that American businesses were considering leaving. Vladimir Lenin once said “When it comes time to hang the capitalists, they will vie with each other for the rope contract.” It should come as no surprise then that the country may hang itself as it sells out to China.
This causes problems though as many news stations are owned by those companies. ABC is owned by Disney, CBS is owned by Paramount, and CNN is owned by Warner Brothers. Ask yourself: how likely are these news networks likely to critique anything China does if their owners are in bed with Beijing?
Of course, it is hardly Hollywood that is alone in its relationship with the Asian nation. Manufacturing is quite large there as a lot of US products are shipped in from there. So it should be only slightly surprising that Nike, Apple, and other companies actively worked to kill a bill that punished China for slave labor in the Xinjiang province. Despite all the virtue signalling in favor of social justice, these companies seem to have no problem with full on genocide.
Finally, big tech has a lot of investments there as well. Apple has already been discussed, but Google has been working with Chinese Universities on technological projects while also promising to continue to invest more in the nation. Facebook has also been hiring Chinese nationals to work on its censorship program known as “Hate Speech Engineering.” Even worse, TikTok is owned by a Chinese company.
With Google, Facebook, and plenty of other companies finetooning their search engines, it makes one wonder if they would also be willing to rig their search engines or content to please the nation. There is also worry of privacy and giving info to the Chinese government as well which must be considered. So one must continue to ask if there is interest from the People’s Republic since these companies seem interested in pleasing them.
There are still many more companies that have ties to or done favors for China (such as AMC or Activision), but the point stands. With the continued push from Wall Street to please foreign investment, one must act if they will begin helping out the government in cleaning China’s image. While there are still problems facing the nation, the interest in American business may hurt American citizens more than economic competition with a country that American businesses were considering leaving. Vladimir Lenin once said “When it comes time to hang the capitalists, they will vie with each other for the rope contract.” It should come as no surprise then that the country may hang itself as it sells out to China.
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