Any country that does not permit foreign investment is run by imbeciles or tyrants.
There is no downside to foreign investment. If the other party doesn’t grant reciprocal rights for foreign investors, they are just missing the boat.
China is run by imbeciles?
Those “imbeciles” are eating our lunch, and replacing America on the world stage.
Our factories. Our technology. Our national wealth.
All gone.
We are the ones, missing the boat. We sold it.
The transfer of intellectual property and military technology overseas is not "downsides"? The elimination of strategically vital industries and infrastructure is not a downside? The dilution of domestic wages and resulting drop in revenue is not a downside? The loss of training opportunity for entrants into the labor pool is not a downside? The social cost of re-deploying displaced workers is not a downside?
I beg to differ.