Actually, you're right. American executives sold off their souls to cheaper prices, moved factories out of US and exploited cheap labor. It is still going on at a monumental scale - Apple for example.
So, it is capitalism at its worst. The government failed to keep American interests and now they're back peddling.
Furthermore, literally every developed country is at the helm of Chinese goods. Every nation in the world.
There is a giant Huawei office as soon as you get out of the Zurich airport housing probably 5000 people.
The Japanese sold off their local businesses and shut down factories, moved them to China for cheaper labor.
What IPAC is doing is to bring right government officials together to back peddle and put brakes on it because capitalism will bankrupt their host nations and enrich China.
So, it is capitalism at its worst. The government failed to keep American interests and now they're back peddling.
Furthermore, literally every developed country is at the helm of Chinese goods. Every nation in the world.
There is a giant Huawei office as soon as you get out of the Zurich airport housing probably 5000 people.
The Japanese sold off their local businesses and shut down factories, moved them to China for cheaper labor.
What IPAC is doing is to bring right government officials together to back peddle and put brakes on it because capitalism will bankrupt their host nations and enrich China.