This will not end well.
There is only one candidate that will reverse this.
No surprise here. China has an enormous trade surplus with the U.S., but they don’t use U.S. dollars as a domestic currency. So the only thing they can do is use those dollars to buy things that are sold for U.S. dollars. That’s why they are major investors in all U.S. securities and commodity markets these days.
Obama is letting it happen despite national strategic interests in some of them.
Payback to fellow commies. Doesn’t cost him anything.
The last year he’s giving away the store, anyways. Doing as much damage as he possible can.
Another fabulous by-product of so-called free trade.
They want to get their money and themselves out of China before the collapse. This is one way to do it.
This is called capital flight. For China, it’s a sign of weakness, not strength.
America has become the Biggest Loser! We are inhabited by a bunch of whiny lazy losers.
America doesn't win at anything! Winning makes others uncomfortable. It's not nice to win!
Bye Bye America! It was nice knowing ya!
Remember when it used to be Japan? Of course, I know of places that China has unbolted every machine and shipped it back to their home.
We are losing a lot of know how, and it is never coming back.
America is becoming a colony again.
It’s Nixon’s fault.
As one who has been directly involved with Chinese companies buying western companies my take is this.
They are not buying companies so much as they are buying talent. You will not find anything designed or engineered by Chinese talent that hasn’t been ripped off from a western company. Any big shop in China is run by expat French, German, English, or Americans. Their students can learn to recite advanced calculus and engineering skills but the second something outside of the box is required the entire line shuts down. The mindset of the average Chinese is to NEVER question the person above you. If some obstacle is in your way you stop and wait for someone above you to fix it. And it goes all the way up the chain to some central planner in Beijing. A westerner will be given the authority to make on the fly decisions and no one else.
Free Trade bump for later.....
And using our money (our debt to China) to do it. Basically they’re collecting on that debt.
Urgent call to Trump ....