I can see what both of the above commenters are saying. Here is my synthesis:
In the US, the powers-that-be are often content to let markets, popular forces, and regulation shape foreign companies. In China (I'm no expert, please weigh in [1]) it seems that the CCP is very motivated to make foreign firms serve its industrial agenda while staying under Party control. That usually means insisting on Chinese ownership stakes or joint‑venture structures, so the state always has a foothold in the business.
In this way, politicians of both countries do find ways to "get what they want" from a foreign business -- even if they go about doing it differently.
[1] I'm not ignorant of geopolitics; I do read about China, but focusing on it is not part of my job nor education.
In the US, the powers-that-be are often content to let markets, popular forces, and regulation shape foreign companies. In China (I'm no expert, please weigh in [1]) it seems that the CCP is very motivated to make foreign firms serve its industrial agenda while staying under Party control. That usually means insisting on Chinese ownership stakes or joint‑venture structures, so the state always has a foothold in the business.
In this way, politicians of both countries do find ways to "get what they want" from a foreign business -- even if they go about doing it differently.
[1] I'm not ignorant of geopolitics; I do read about China, but focusing on it is not part of my job nor education.