4 ms·

So are you saying that currently American companies are NOT allowed to acquire Chinese companies or operate in China? There are a few instances where that's tr

So are you saying that currently American companies are NOT allowed to acquire Chinese companies or operate in China? There are a few instances where that's true (there are also a few instances where Chinese companies are not allowed to acquire U.S. companies or operate in the U.S.) but you said "I would support a wholesale ban on Chinese acquisitions of American companies". So again are you insinuating that at this moment, no American companies are allowed to acquire Chinese companies or operate in China?

DiogenesKynikos 7y ago
Below are a few relevant figures. I see the claim repeated often that foreign companies can't operate in China. The sales figures of American companies paint a different picture. Company - Sales in China - Share in China Apple $44.8 billion 19.6% Intel $14.8 billion 23.6% Qualcomm $14.6 billion 65.4% Boeing $11.9 billion 12.8% Micron $10.4 billion 51.1% Broadcom $9.4 billion 53.7% The list goes on. S&P 500 firms had nearly $160 billion in sales in China in 2018. 1. https://www.marketwatch.com/story/trade-war-watch-these-are-the-us-companies-with-the-most-at-stake-in-china-2018-03-29 https://www.marketwatch.com/story/trade-war-watch-these-are-...
- deleted 7y ago
  [deleted]