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Oh please. Plenty of Chinese acquisitions and investments were denied pre-trade war. You also see almost no Chinese brands in the US, but they are everywhere in
by pishpash 7y ago
Oh please. Plenty of Chinese acquisitions and investments were denied pre-trade war. You also see almost no Chinese brands in the US, but they are everywhere in the rest of the world. You think that's an accident? There was never any open market in the US, that's your first myth. US market access has been a political tool since at least World War II.
What Trump has done is ripping the covers off the whole machinery, not only in domestic politics but also US international relations, down to the naked ugly cores.
- scottLobster 7y agoNever said the market was completely open, but the US doesn't require foreign companies to partner with a state-run competitor to steal their IP, then increase regulations until they ultimately run the foreign company out of the country. That's been the Chinese playbook for over a decade, even after admission to the WTO. Also last I checked Foxconn bought quite a bit of property in Wisconsin, even if they strangely haven't done much with it. Could a US company buy (and by buy I mean get one of those multi-decade leases, since the CCC technically owns all the land) property in China? The US is far from the Captain America ideal, but from a trade perspective we've been a lot more fair with China than they have been with us.