It’s Time for a Moratorium on Chinese Investment

American Thinker ^ | April 7, 2016 | Robert Caskey

[expat_panama]

The Shanghai Chinese Tower... ...an American firm designed that tower... ...a symbol of the country’s rise to... ...position Shanghai as one of the world’s leading financial center continues...

...one wonders why both the U.S. government and American businesses are actively working towards helping China... ... and undermine Washington’s own global influence...

,,,look at China’s fast and furious acquisition of American companies, an alarming development that has been met with deafening silence from the White House...

...China’s aggressive stance on acquisitions, with $100 billion on the table so far this year. Those deals include...

...facilities in the U.S. that are dangerously close to key military bases...

...passing a U.S. moratorium on Chinese acquisitions, at least until Beijing levels the playing field, is long overdue.

By the State Department’s own admission, American companies face an overtly hostile and discriminatory environment in China. Investors need government approval for projects...

...Succeeding on the Chinese market is therefore tremendously difficult for U.S. companies. On the flipside, Chinese investors face almost no barriers on doing business on American soil...

...analysts recognize China’s compelling need for agricultural resources to feed its ever-growing population and natural resources to supply its voracious industries...

...While the United States continues its mild-mannered overtures directed at appeasing conflicts...

...America keeps building China’s world-class future at its own expense. The pleas to put an end to unchallenged Chinese economic practices that disadvantage Americans – the outright theft of American innovation, the unfair currency manipulation, the alignment with unsavory world leaders abroad and the indifference to the daily $1 billion trade deficit at home – need to be acted on, and fast.

[expat_panama]

Whoa, make ya mad enough to just run right out and blow up Wall Street and every Chinese restaurant in sight!!! 

Hopefully most Freepers know better than to go with that kind of insanity, but the writer's really got things messed up.  One thing is he seems to be against what he calls "Chinese Investment" --and it's not clear if he means Americans investing in China (like building that tower) or the reverse.  There's a big difference.  Americans investing in Chinese stocks lowers the "trade deficit" --which the writer's upset about.  Another is worry about China's agricultural trade, but we got a yuge surplus there.  My big concern is his wanting the U.S. stock market to be more gov't run like China's.  Here's what we got right now--

--the numbers are the total worth of businesses in $B.  I like our way better than China's.

[expat_panama]

G'morning!!  Stocks up both w/ yesterday's close and today's futures.  Metals are doing fine.  Reports:

8:30 AM Initial Claims
8:30 AM Continuing Claims
10:30 AM Natural Gas Inventories
3:00 PM Consumer Credit
 

[running late today...]

[circlecity]

I can hardly blame China. I wouldn’t want to be stuck with trillions in already inflated currency that can easily be further inflated into worthlessness.

[jneesy]

in the 80’s it was the japanese....in the 90’s it was the arabs....and in the 2000’s it was the euro’s and arabs just the latest sky is falling boogeyman

[Don Corleone]

I wouldn’t want to be stuck with trillions in already inflated currency that can easily be further inflated into worthlessness.

Look in your wallet at those "Federal Reserve Notes".

[Eric in the Ozarks]

They all overpaid.

[Bogey78O]

Buy up as many assets before the world realizes you’re broke.

[abb]

You ever watch that Discovery Channel show Gold Rush? Those guys (and gals) work like trojans to recover mere ounces of the “precious metal.”

And then when they accumulate it, they can’t wait to change it into “worthless” dollars.

Kinda ironic, ain’t it?

[thoughtomator]

> I can hardly blame China. I wouldn’t want to be stuck with trillions in already inflated currency that can easily be further inflated into worthlessness.

Got bad news for ya, bro.

[circlecity]

I know, I know.

[expat_panama]

can’t wait to change it into “worthless” dollars.

Still weird after all these years.   Nowadays gold peddlers are big advertisers on talk-radio and they say the same thing.

[indthkr]

"look at China’s fast and furious acquisition of American..."

The Chinese hold a lot of US dollars.

They are starting to cash in.

Even Trump wouldn't disagree with the Chinese buying spree on principal - only what the conversion rate should be.

[VTenigma]

No,no,no, We have to sell all our assets to pay off the debt (I heard that some where recently).

[expat_panama]

....only what the conversion rate should be...

So what's the plan, Trump (and team) want to seize control of currency markets so he can set exchange rates by fiat?  Sounds like the plan to take charge of where businesses build factories.

[expat_panama]

...sell all our assets to pay off the debt...

Privately held assets top $101T, more than enough to cover the $19T national debt and still leave enough money for coffee at Starbux.  Unless maybe they're only talking about dumping U.S. owned assets abroad which is a skimpy $22T and that would only leave change for the tip.

[citizen]

“...already inflated currency that can easily be further inflated into worthlessness.”

---

Hey, watch it! That’s my retirement savings you’re talking about there. :-|

[impimp]

I remember the 80s...according to many we were going to become a colony of Japan.

The commies said global cooling in the 70s and global warming in the 90s. Trumpettes were saying Japan is taking over in the 80s just like they are saying China is taking over now.

Complaining about Chinese investment makes no sense to me.