They're about 10 years too late and completely tone deaf. I don't see much be progress coming from a reminder to foreign companies that their access to the Chinese domestic market is subject to the arbitrary decisions of the CCP's top brass.
"Promoting a China-free supply chain will inevitably result in a decline in China's demand for U.S. products and American companies loss of market share and revenue in China,"<p>Something that China had been pushing for years now…
Am I the only one deeply amused that the title of this article is prefixed by “Exclusive” while its content basically boils down to: “The representatives of the Chinese government in the USA are doing their job: representing the interests of China”?
Nice example of how a foreign nation would exercise influence through business people. CCP saw the similar danger in Jack Ma and others, because of their natural tendency to align closer to US value (because they are capitalists), and their companies' listing on US stock exchange.<p>It's only now that CCP start to play the same game.<p>The rivalry between US and China is going to be interesting. I hope in the process other developing countries would gain much from these 2 big boys looking to influence people across the globe.
I don't understand why America, long a champion of immigration, doesn't open the floodgates back up.<p>We could onshore factories and staff them from all over the world. Pay workers wages comparable to what they would get from working in factories at home (ie. not "US wages" since we can't compete on cost with China, Vietnam, etc.), but give them decent hours, a housing stipend, education for their kids, and a promise of US citizenship. Also offer them courses on American culture, English, etc. "Melting pot" rather than unsupported labor. We could make it really comfortable and attractive.<p>To incentivize business, we could offer zero taxes over the next fifty years to run factories domestically. Start with the critical pieces, and then build everything.<p>Growing beyond 300M would also dramatically increase our consumer base.<p>To keep natural born citizens from getting angry, we can offer tax incentives for people having children. We can pay kids $20/week to study and get good grades (not a bad idea - it especially incentivizes poorer kids!). We can also grant credits for kids that excel in math/science, music/art, sports/club, etc. Keep them engaged and growing.
until china starts moving for better rights for their citizens, i am afraid they should be held at arms length. cannot trust a government that lies that over 1 million people are just being "re-educationed" and "happy" and "want to be there", there is a reason for distrust and it's not "xenophobic" to point out the regimes bs, the people of china deserve a better government. don't even get me started on hong kong. the whole situation is not fun
I wonder if the onset of globalization and offshoring US factories to China on top of Citizens United will be remembered as the US's "Fall of Rome" moment. The US essentially allowed the government to be bought and paid for by foreign entities and is relying on said countries for most manufactured goods. So now the other country can essentially say "Our laws are your laws otherwise we're not going manufacture your goods." China doesn't need to occupy us, they just need to buy us out.
The U.S. has the best system of governance in the world.<p>The members of Congress are selected by U.S. citizens and funded by international U.S based companies operating globally. This creates a delicate balance where the interests and goals of all major economies are balanced. The U.S citizens maintain full control of who they vote. At the same time the influencing working trough their mind, and trough their representatives ensures what they decide is for the benefit of the all.<p>A small fraction of relatively ignorant individuals can vote freely with selfish motives, but the system still works as a global government. Everyone in the world who controls market access or money can have a voice.