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U.S. government takes 10% stake in Intel

(www.cnbc.com)
607 points givemeethekeys | 2 comments | 22 Aug 25 21:01 UTC | HN request time: 0.411s | source
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sobiolite ◴[22 Aug 25 22:04 UTC] No.44990406[source]▶
Ironic, Western politicians thought opening up to trade with China would lead to it adopting a Western model of government. Instead it's lead to the USA adopting the Chinese one.
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DarkNova6 ◴[22 Aug 25 22:30 UTC] No.44990691[source]▶
Kinda. But I think the current Chinese model is actually much closer to how the USA used to work when there was competition with the USSR. Closer than the US of today compared to the 70s and 80s.
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torginus ◴[22 Aug 25 22:55 UTC] No.44990927[source]▶
The current Chinese model's basically you have fully publicly traded companies, companies who are either minority or majority owned by a certain provincial government and ones who are either minority or majority owned by the central government (although this is surprisingly rare outside of key areas like telco/banking)
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s1artibartfast ◴[22 Aug 25 23:56 UTC] No.44991466[source]▶
Something like 60% of the top of 100 companies in China are entirely state-owned. Most of the rest are government stake
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1. torginus ◴[23 Aug 25 10:17 UTC] No.44994844[source]▶
https://msadvisory.com/china-biggest-companies/

Look at this list - all the big ones here which are state owned are investment banks, petro companies and telcos.

Everyone else on the list (mainly internet companies, BYD, gaming, and B2C sales/distribution) is privately owned.

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2. ◴[23 Aug 25 14:52 UTC] No.44996423[source]▶