The corporate interests that are doing this are traitors. The US government that allows it is as well.
Yes, it's shameful, especially when China demands these companies share the tech as a condition to allowing them to invest in China.
What has been occurring over the past 3 years or so is that when they feel comfortable they they have extracted everything they can get, they change the rules and the US citizens are quietly replaced with Chinese Nationals. The US company will continue to get a dividend on their investment until something happens that the Chinese say breaks the contract.
Yet US investors are still clamoring for exposure to China and Russia as well.
To stop it the US would have to forbid investment in both countries.
For multiple reasons, some of them obvious, they won't do that. The politicians think that helping these emerging markets along will westernize them.
But the reality is that they are being used and/or manipulated.