Saturday, May 08, 2021

Western companies in China succumb to Stockholm syndrome | Financial Times

Western companies in China succumb to Stockholm syndrome | Financial Times
"Stockholm syndrome, named after a notorious robbery in the Swedish capital in 1973, is a phenomenon in which the victim of kidnapping or hostage-taking develops feelings of trust, affection or sympathy for their captor. 
It is a condition that afflicts much of the corporate world and some governments when it comes to their dealings with the Chinese Communist party.
I was recently invited by a group of Hong Kong-based international business executives to discuss Beijing’s moves to crush the last vestiges of democracy and free speech in the territory. 
Several of these executives from democratic societies said they viewed the free press as their greatest enemy. 
...What the government of New Zealand and many others seem to forget is that acquiescing to the demands of kidnappers only encourages them to take more prisoners...Read all!

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