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The last 30 years of Chinese economic growth (fuelled by foreign investment) disagrees with you.
by 1stop 13y ago
The last 30 years of Chinese economic growth (fuelled by foreign investment) disagrees with you.
- seanmcdirmid 13y agoThe Chinese are totally ok with taking our foreign money (or HK, Taiwan), they just don't want us to get rich off of it (at least very easily). The economy is still very protectionist and you have to be very careful when investing here; many industries are just completely off limits and even those that are left open are often hobbled by protectionist ownership rules (e.g. 51% must be owned by a well connected Chinese company).