The Chinese are coming

Prepare yourself Recall the influx of Japanese corporations ? China is bound sooner or later to do the same That arch mnc sycophant spence is calling for America to open it's production gut even further To internationalization of supply chains Translation fewer but bigger and more MNC controlled production units here Nb true MNCs have no patriotic strategy so china will need to produce non state MNCs if it wants entry In time we will have a relationship with china like we do with the euro zone Unlike post war japan but like say post war Germany china has allowed very significant foreign MNC entry They are "there" to stay China's Deng schooled politbureau recognizes the advantages of mutual penetration