Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.
Americans Invested Billions in Chinese Companies. Now Their Money Is Stuck.
TikTok’s turn in geopolitical cross hairs highlights the narrowing paths to liquidity for investments in Chinese companies.
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I always found this hilarious. I'm in Canada but this opinion applies to my country too.
Everyone keeps talking about evil undemocratic China, authoritarian, manipulative, immoral, untrustworthy and completely unlike our culture or ideals .
But we choose to conduct billions of dollars worth of business and transactions with them on a regular and ongoing basis.
We shouldn't trust them .... but we can buy everything we use from them.
35 0 ReplyEurope had a view in the 90s–00s that trade can be a vehicle for enforcing peace. That plus capitalist greed let Russia invade Georgia and Crimea before that view changed overnight too late. Similarly countries turn a blind eye on what China is doing
6 1 ReplyWhy not Mexico?????
4 0 ReplyYou vote with your wallet. Stop buying Chinese stuff, problem solved!
2 1 ReplyOh look, the same idea that hasn't worked for 50 years of glib self righteousness.
4 2 ReplyIt worked really really well.
2 1 Reply