Opinion: What China’s ‘export machine’ can teach Trump about globalization
"The impact of Chinese companies investing abroad looks likely to be as big, or bigger, than that of its exports," writes Penelope B. Prime. "If the next administration carries out its campaign promises, then the U.S. may miss out on many of the benefits of foreign investment altogether from China and elsewhere, such as revitalized towns with new jobs and tax-paying businesses."
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