China and Donald

Isn’t it hilarious to listen to Donald Trump rail against the Chinese when under his nose they are setting records investing in America. Note this from the Wall Street Journal this morning:

‘Chinese companies are expected to invest $20 billion to $30 billion in the U.S. in 2016, mainly through mergers and acquisitions, compared with a record $15 billion last year and $11.9 billion in 2014, according to a report published Tuesday by research firm Rhodium Group and the National Committee on U.S.-China Relations, which promotes cooperation between Beijing and Washington.’

So all this fire and brimstone ignores the fact that the Chinese are just not doing ,at least according to the Donald , better trade deals with the US, they are simultaneously investing right under the Donald’s nose . Now what does he think of that ?

This news report says that there are Chinese companies involved in 362 of the 435 Congressional Districts in the US. Even the Chicago Stock Exchange has agreed to be bought by a Chinese Company.

And the report says Donald’ s New York is not spared :

‘New York has benefited from Chinese deals related to tourism and financial services, while the Southeast is seeing investments from petrochemicals to manufacturing.’

So , in the larger context of investment and Chinese involvement, methinks the Donald protestations sound a little hollow.


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