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It’s not that simple, unfortunately. US businesses and governments have heavily relied on Chinese capital for various economic initiatives, from transit to manu
by save_ferris 7y ago
It’s not that simple, unfortunately. US businesses and governments have heavily relied on Chinese capital for various economic initiatives, from transit to manufacturing.[0]
Barring one of our largest financial partners (and largest creditors) would certainly have a devastating effect on our economy.
0: https://www.americanmanufacturing.org/blog/entry/congress-examines-the-threat-of-chinese-state-owned-enterprises-to-the-u.s https://www.americanmanufacturing.org/blog/entry/congress-ex....
- shard972 7y agoWhy isn't it devastating the Chinese economy by banning foreign the same kinds of foreign investments?