🧵 Lenovo and China Left+' attack on it.
It's been 3+ days in China headline yet not much English reporting.
It's related to #Didi as CEO and Lenovo founder father-daughter relationship.
Certainly one power family. Chinese phrases that bad things come in doubles.
/1
It's been 3+ days in China headline yet not much English reporting.
It's related to #Didi as CEO and Lenovo founder father-daughter relationship.
Certainly one power family. Chinese phrases that bad things come in doubles.
/1
If Global Times @HuXijin_GT considered China Left, one attacking Lenovo could be considered China Left+, evidenced by Mr. Hu came out and publicly support Lenovo some
Grasp of politics/label rudimentary. If I am allowed to label Covid variants, it will be variant 1, 2, 3, .
/2
Grasp of politics/label rudimentary. If I am allowed to label Covid variants, it will be variant 1, 2, 3, .
/2
The China Left+ accuser's name is Sima Nan who listed 5 "Crimes" of Lenovo:
1. Sky-high executive salaries
2. Loss of China’s state-owned assets during privatization by Lenovo founder/CEO. Lenovo was originally a 100% state-owned enterprise by the Chinese Academy of Sciences
/3
1. Sky-high executive salaries
2. Loss of China’s state-owned assets during privatization by Lenovo founder/CEO. Lenovo was originally a 100% state-owned enterprise by the Chinese Academy of Sciences
/3
3. Using slogan of a Chinese national enterprise to drive sales. Yes, ideology sells.
Domestic price of China is higher than the foreign price, and the quality is not necessarily better.
4. In 2018, on the issue of 5G, Lenovo did not vote for Huawei, but for Qualcomm.
/4
Domestic price of China is higher than the foreign price, and the quality is not necessarily better.
4. In 2018, on the issue of 5G, Lenovo did not vote for Huawei, but for Qualcomm.
/4
5. Not doing a good job of technology R&D, and not doing a good job of products and businesses after making money, contributing to the motherland and society.
Remember the "profound revolution" article that drove Tencent price so much lower?
/5
Remember the "profound revolution" article that drove Tencent price so much lower?
https://twitter.com/liqian_ren/status/1432756473512304646
/5
Countless ink spilled for common prosperity yet little English coverage on Lenovo.
It's where the local sentiment for common prosperity comes from, though concrete policies yet to come.
Entrepreneurs are kings until their businesses are not stellar. Touche China.
/6
It's where the local sentiment for common prosperity comes from, though concrete policies yet to come.
Entrepreneurs are kings until their businesses are not stellar. Touche China.
/6
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