Discussion in 'Economy' started by NATO AIR, Aug 12, 2005.
I agree with him (kathianne this is what we talked about in the China thread yesterday)
I've read all the reasons why, still feel more like this:
Its a matter of how we want to handle China. Rather than constricting investment, I would encourage and then demand an open playing field for American businesses. Make us the champion of everybody else in the world who wants to continue to invest in China. Tighten our bonds so that the generals start seeing the peril of igniting a war that would tank their country's future, even if they won.
I would also rather us be all over the place, signing contracts and gaining resources in places as diverse as West Africa and SE Asia.
We have have a trade deficit going with China, a big one. No one, certainly not China can accuse us of being xenophobic, to arm them with oil, even on the level of UNOCAL is just crazy, to my way of thinking.
We must disagree then.
I think there will be more occasions for the US to decide exclusion vs. inclusion. I figure the Chinese will examine this debacle and do their best to bid again on something else but while avoiding this dustup.
Not oil or weapons to China. At the same time, why not spend their $$$ on the 'fledgling enterprises' rather than US companies? A question I had regarding Japan 20 years or so ago? If they had, they would probably be in better shape today.
Perhaps they figure the US company was a safer investment.
Or maybe something else? We ran with the Japanese tiger, which if their own banking practices hadn't imploded, may have caused us mucho trouble by now.
I'm not for turning away foreign investments here, we want them, but common sense must prevail.
Common sense to me is we let them buy this tiny company and then we aim to compete with China to buy some of their companies as well (i.e. though, the problem with China is too many of their companies are still state-owned or owned by shadowy military/intelligence figures)
I'm not a fan of China but we must :read: into the details here, and there was no devil in the details.
Well I don't see US companies rushing all over to buy Chinese, whatever the reason. We too would be better off keeping our investments in the companies that others seem to want so badly-new concept for sure.
I am not a protectionist by inclination, but right now, do believe we should be looking very carefully at China's flexing its muscles, and do nothing to encourage their expansionist ideas.
Separate names with a comma.