The problem for China, according to Francis McInerney, Managing Director of North River Ventures, is its endeavour to impose the ruling communist party as "center for everything“.

The communist Party censors even the internet because of the web’s ability to bring large groups of people together for collective action. Impressively, China has today the largest and most sophisticated online censorship in the world.  The Great Firewall, software that has cut China’s internet off from the rest of the world for years, presents a huge obstacle for many foreign enterprises seeking to gain a foothold in China.

A question which arises, is whether China can survive and grow in the world where everything it does, must be kept behind the Great Firewall and all foreign markets are on flatnets? Get the answers to this question and more in podcast .

The problem is simple: Japanese companies don’t like to pay competitive, global incomes to top managers. For the most part this means that they must settle for third-rate performers overseas. And live with the miserable market shares in the 7X markets (GDP of EU+US = 7X Japan) that result. When, for every dollar they sell in Japan, they should sell $7 in the 7X, they usually reach 25-30¢. All because they won’t pay enough to get the share that their products usually deserve.

And they stay uninformed about the Information Age and why they have no FAANGs and can’t create them.

Along comes Ghosn. Rescues Nissan. Demands real money. And gets it. Big resentment.

But Nissan, like all Japanese companies, has a board made up of company executives, not outsiders with a fiduciary responsibility for oversight.

So the Board is sloppy. Doesn’t do its work. Likely is not fully informed about Ghosn’t arrangements.

As this case unfurls, Nissan looks worse with every new charge. Japan doesn’t look much better for pressing charges that may prove Nissan’s sloppyness over Ghosn’s culpability.

And if Ghosn gets off so much as one charge and a single cent went through a US bank, Nissan’s liability will be eye-watering

Francis McInerney

Managing Director

FutureCreators