That's great, but the article we are discussing on this thread is that China has overtaken America as the beneficiary of this type of investment.
BTW I do not argue for protectionism, but rather that the US government work to make this country more competitive, and hold other countries to the trade agreements they make. IE Tariffs are a necessary evil to respond with when trading partners subsidize their currencies. Don't you agree?
We have a pretty crappy record regarding our ability to stick with our end of a trade agreement's terms so perhaps we should remove the timber from our own eye here. We also do our fair share of subsidization.
Who should be making us more competitive, government? How about ourselves and our country's own business owners. I do not trust an economy in the sole hands of the government...government does nothing with efficiency in mind.
As for tariffs, we could stop taxing U.S. corporations on their world-wide income (nobody else does) with the same result, and none of the baggage.