US keeps blocking the Chinese shopping spree

It is called the Committee on Foreign Investments in the United States (CFIUS) and it is becoming US’ main trade policy instrument, just like the Section 301 in the 1980s. That one was offensive and was about Japan and trade, this one is defensive and is about China and takeovers. It recently prevented the acquisition…… Continue reading US keeps blocking the Chinese shopping spree

China-bashing : thou shalt not steal

Steve Bannon, until recently main political adviser of the POTUS : [Our trade relationship] is basically that we ship raw material to China and they send back high-value manufacturing goods to our market. That happens because they appropriate our technology. Well, appropriations happen all the time, at least since the paper, gunpowder or other Chinese…… Continue reading China-bashing : thou shalt not steal