{"id":496259,"date":"2023-04-17T10:59:11","date_gmt":"2023-04-17T14:59:11","guid":{"rendered":"https:\/\/erickimphotography.com\/blog\/?p=496259"},"modified":"2023-04-17T11:17:47","modified_gmt":"2023-04-17T15:17:47","slug":"the-chinese-have-the-power","status":"publish","type":"post","link":"https:\/\/erickimphotography.com\/blog\/2023\/04\/17\/the-chinese-have-the-power\/","title":{"rendered":"The Chinese have the power"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">For example, let us consider <a href=\"http:\/\/Polestar.com\">polestar<\/a>, which was essentially developed by a Chinese company <a href=\"https:\/\/en.wikipedia.org\/wiki\/Geely\">GEELY<\/a>, which also bought out Volvo. Li Shufu\u00e2\u20ac\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"894\" height=\"1280\" data-attachment-id=\"496280\" data-permalink=\"https:\/\/erickimphotography.com\/blog\/2023\/04\/17\/the-chinese-have-the-power\/img_1154-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2023\/04\/IMG_1154.jpeg?fit=894%2C1280&amp;ssl=1\" data-orig-size=\"894,1280\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"IMG_1154\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2023\/04\/IMG_1154.jpeg?fit=894%2C1280&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2023\/04\/IMG_1154.jpeg?resize=894%2C1280&#038;ssl=1\" alt=\"\" class=\"wp-image-496280\" srcset=\"https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2023\/04\/IMG_1154.jpeg?w=894&amp;ssl=1 894w, https:\/\/i0.wp.com\/erickimphotography.com\/blog\/wp-content\/uploads\/2023\/04\/IMG_1154.jpeg?resize=768%2C1100&amp;ssl=1 768w\" sizes=\"auto, (max-width: 894px) 100vw, 894px\" \/><\/figure>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\">On 28 March 2010, Geely signed a deal worth&nbsp;<a href=\"https:\/\/en.wikipedia.org\/wiki\/US$\">US$<\/a>1.8 billion to buy Swedish automobile manufacturer&nbsp;<a href=\"https:\/\/en.wikipedia.org\/wiki\/Volvo_Cars\">Volvo Cars<\/a>from American automobile manufacturer&nbsp;<a href=\"https:\/\/en.wikipedia.org\/wiki\/Ford_Motor_Company\">Ford Motor Company<\/a>.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Li_Shufu#cite_note-Geely_Volvo_BBC-4\">[4]<\/a><\/sup>&nbsp;It was the largest foreign purchase by a Chinese car manufacturer. Along with $900m of working capital from Geely and a commitment to build a Volvo factory in China, Li had a target of driving sales to 600,000 by 2015 in the domestic market.<sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Li_Shufu#cite_note-5\">[5]<\/a><\/sup><\/p>\n<\/blockquote>\n\n\n\n<p class=\"wp-block-paragraph\">Also, a Chinese company (<a href=\"https:\/\/en.wikipedia.org\/wiki\/DJI\">DJI<\/a>\u00e2\u20ac\u201d drone maker) bought out Hasselblad, the same one that produces the drones. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, do not trust League of Legends, which is owned by <a href=\"https:\/\/en.wikipedia.org\/wiki\/Tencent\">Tencent<\/a> corporation, a Chinese company. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Also, really really really do not trust TikTok, also owned by a Chinese company <a href=\"https:\/\/en.wikipedia.org\/wiki\/ByteDance\">BYTEDANCE<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Takeaway<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">What is the takeaway point? As much as people love to criticize and be anti-China mainland China, truth be told, they hold the power. At least the economic and manufacturing power. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>For example, let us consider polestar, which was essentially developed by a Chinese company GEELY, which also bought out Volvo. Li Shufu\u00e2\u20ac\u201d On 28 March 2010, Geely signed a deal worth&nbsp;US$1.8 billion to buy \u2026<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_ek_photo_artist_note":"","_ek_photo_thesis":"","_ek_photo_camera":"","_ek_photo_place":"","_ek_photo_human_moment":"","_ek_photo_sequence":"","_ek_photo_question":"","_ek_photo_canonical_claim":"","_ek_photo_ai_summary":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[17],"tags":[],"class_list":["post-496259","post","type-post","status-publish","format-standard","hentry","category-posts"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/496259","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/comments?post=496259"}],"version-history":[{"count":11,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/496259\/revisions"}],"predecessor-version":[{"id":496282,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/posts\/496259\/revisions\/496282"}],"wp:attachment":[{"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/media?parent=496259"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/categories?post=496259"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/erickimphotography.com\/blog\/wp-json\/wp\/v2\/tags?post=496259"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}