Well, every country is protectionist when it wants to, and projects itself as egalitarian when it doesn't hurt them as much. The 'do as I say' and not 'as I did

Well, every country is protectionist when it wants to, and projects itself as egalitarian when it doesn't hurt them as much. The 'do as I say' and not 'as I did' approach has a bit of a smell to it. Walmart shoppers overwhelmingly purchased cheap Chinese goods and made their American owners very very rich, while giving average consumers access to a larger section of goods and services than those provided by US companies. Rising unemployment signals the end of that gravy train. >China doesn’t let US companies buy Chinese companies Is that really true? I found this stat - https://imgur.com/a/z5eAykw https://imgur.com/a/z5eAykw Seems like there is a lot of inbound activity. >Leaving aside notions of fairness, what is the theoretical basis for arguing that the US should nonetheless allow Chinese ownership of US companies? The US has sold bonds to China. It doesn't mind taking money from China to finance itself. I'd say the same foreign policy should extend to foreign investment, no? Oh and it has the power to stop legal purchases of US businesses from China (e.g. Micron) when it wants to. The US government can and has exerted a lot of power to keep certain kinds of tech in the US. And as a point of comparison .. Not sure if there are any Chinese companies here :- http://fortune.com/fortune500/list/ http://fortune.com/fortune500/list/ But there seem to be a lot of US companies here http://www.fortunechina.com/fortune500/c/2017-07/20/content_286785.htm http://www.fortunechina.com/fortune500/c/2017-07/20/content_...