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Nazem Alkudsi, CFA's avatar

Zichen, thank you for resisting the straight line. The chronology matters, and you were careful with it.

What strikes me is where the pressure came from. Nobody in Wolfsburg decided to defend a graduate in Changzhou. The supplier code was written for German courts and German shareholders. It travelled to Jiangsu inside a purchase order, and a young engineer found it there and picked it up.

Capital carries its rules with it. That is usually said as a complaint about interference. Here it ran the other way. The Hong Kong listing did the same work: a prospectus is a promise made to strangers, and strangers can hold you to it.

Your closing question is the right one. Perhaps the protection stops being an import on the day a domestic complaint carries the same weight as a foreign one. Your piece suggests that day is nearer than the old phrase implies.