> They need to pass laws that protect US interests but for last 3 decades, they've sold the American worker's soul to the CCP & private-gov enterprise in China.
Companies are not blameless - it's a 2-step process. Lawmakers sold the American worker's soul to capital (companies), and the companies sold them on to China, with a fat markup.
The motivations are clear: politicians get donations and cushy jobs, the company executives get very rich due to increased short-term profits and increased valuations on the hope of establishing a foothold in a humongous growth market, China gets tech transfer, exports and a skilled workforce, and American workers get nothing, save perhaps a tiny sliver of company ownership through a 401k, if they are lucky to have one.
The reality is that China's farsighted rulers don't want to be a US client state/ colonial possession and have imposed strict rules on market participants in exchange for access to their 1.5 billion consumer market. American businesses can put up or shut up.
Companies are not blameless - it's a 2-step process. Lawmakers sold the American worker's soul to capital (companies), and the companies sold them on to China, with a fat markup.
The motivations are clear: politicians get donations and cushy jobs, the company executives get very rich due to increased short-term profits and increased valuations on the hope of establishing a foothold in a humongous growth market, China gets tech transfer, exports and a skilled workforce, and American workers get nothing, save perhaps a tiny sliver of company ownership through a 401k, if they are lucky to have one.