4 ms·
The reverse is also happening and is a way bigger deal. Resources are also being pulled out of China, as U.S. companies have spent the last several decades plo
by citilife 7y ago
The reverse is also happening and is a way bigger deal.
Resources are also being pulled out of China, as U.S. companies have spent the last several decades plowing tens (if not hundreds) of billions into China a year. It'll be a fairly large windfall coming out of China as well. To India, Mexico, Taiwan, the United States, etc.
- bjourne 7y agoWhy is it ok for US companies to plow billions into China, but not for Chinese companies to plow billions into the US? Seems like a double-standard.
- jjeaff 7y agoProblems with the overreach and missteps of the US government aside, the US is not systematically silencing its critics through censorship and forced work camps. And the human rights record of China is abysmal in comparison to the US. To think the two are comparable is just head in the sand at this point.
- bjourne 7y agoI agree with you. But that was never an issue when US companies invested in China. It appears that cooperating with authoritarian regimes is fine as long as it is your nations companies that comes out on top.
- jjeaff 7y agoYes. I definitely want the companies of the US to come out on top. Or the companies of any country that has a decent human rights record.