American companies got lured in by the shiny object of a 1.2 billion person market, but it was a mirage. The CCP just used that lure to draw in the greedy and stupid and steal their proprietary technology, and those companies that were allowed meaningful access to the Chinese market soon discovered that access came with a million strings attached. Now we’ll find out how large their market truly is as the CCP Potemkin village falls apart.
We gifted China with five decades of tech, and trading
practices.
Then it took off from there.
Kruschev, or whoever first said it had it exactly right. They
just had the wrong nation.
We sold China the rope to hang us.
Frankly, we still haven’t learned a damned thing.