Re:Trump Plans New Curbs on Chinese Investment, Tech Exports...
by Sangermaine on Monday June 25, 2018 @02:24PM
(#17394493)
You seem to be intentionally ignoring the parent's point.
They're asking why, if China doesn't allow US ownership of Chinese companies, should the US allow Chinese ownership of American companies, not some abstract question of fairness. Currently there are severe controls on US activity in the Chinese market, ownership restrictions among them.
Re:Trump Plans New Curbs on Chinese Investment, Tech Exports...
by vkou on Monday June 25, 2018 @03:45PM
(#17395216)
So what? Who cares what China does internally. Globalization dogma says that countries that limit foreign investment are only hurting themselves. If they want to shoot themselves in the foot, that's their problem.
This economic mantra has been pushed by the United States for the past 70 years, mostly to get developing markets to open up to US companies. Maybe we should apply it domestically, and see what happens?
Re:Trump Plans New Curbs on Chinese Investment, Tech Exports...
by gonvaled on Tuesday June 26, 2018 @01:31AM
(#17398107)
Ideology is not pure, it is just a tool to further one's position.
Whenever the US considers that communism is to its advantage, it will turn communist.
Unfortunately, it has the military might to impose its will.
Why shouldn't it? Neither the stock market, nor capitalism cares who buys shares of a company. If China isn't interested in investments from the US, wouldn't that just make their own markets less efficient?
If your goal is efficient markets, then it shouldn't matter where your investment dollars are coming from.
I don't understand where this ridiculous notion of 'fairness' in capital markets is coming from. Money is money, if you want to ascribe morality to it, then this is not the economic system to do so in.
Consider this question: Should, say Nigeria allow US-based companies or persons to buy Nigerian companies/mineral rights/agricultural land?
If so, why? Under a reciprocal agreement, it's not like Nigerian companies are able to buy US companies/mineral rights/agricultural land. Even if they were allowed to in theory, they wouldn't have the money.
Does this mean that Nigeria should close itself to outside investment? Would Nigeria be better off if it did so? Is it only hurting itself by being closed to American investment?