American CEOs send US technology and trade secrets to China. Short term, they get cheaper suppliers, thus boosting profits (and CEO stock option value). Long term, the Chinese steal the trade secrets and the company suffers
But, guess what? CEO's, on average, are with a company for less than 5 years before moving on. By the time the bad stuff happens, they've already pocketed their money and are elsewhere, or retired
The China gambit is a scheme by CEOs to loot their own companies, and America's future
They are also sending research and development.