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Why don’t we seize all Chinese properties and businesses in the US?

Posted on 5/2/20 at 9:19 am
Posted by thadcastle
Member since Dec 2019
2843 posts
Posted on 5/2/20 at 9:19 am
Obviously if we sue them they will never pay anything but why not just seize all their US properties and businesses. I’m sure we wouldn’t be the only country to do it f we lead the way. What could they do if all the countries team up against them and do it as one large group?
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 5/2/20 at 9:20 am to
A lot of Chinese businesses (actual country, not just individuals) are owned through US Corps.
Posted by castorinho
13623 posts
Member since Nov 2010
88350 posts
Posted on 5/2/20 at 9:20 am to
So you think US companies don't have investments in China?
Cuts both ways
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76218 posts
Posted on 5/2/20 at 9:22 am to
quote:

A lot of Chinese businesses (actual country, not just individuals) are owned through US Corps.
This statement means what?

Try phrasing it a different way please.
Posted by thadcastle
Member since Dec 2019
2843 posts
Posted on 5/2/20 at 9:23 am to
quote:

So you think US companies don't have investments in China?
Cuts both ways

Sorry you picked a bad business partner

ETA: not you personally, the companies
This post was edited on 5/2/20 at 9:24 am
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 5/2/20 at 9:23 am to
A lot of companies in the US are reliant in selling goods and services to China. Do you want to further hurt American business by losing them hundreds of millions of potential clients? Now isn’t the time to sever this relationship. Private companies should start to shift manufacturing back to the US and that should be a big first step.
Posted by Athis
I AM Charlie Kirk....
Member since Aug 2016
16930 posts
Posted on 5/2/20 at 9:25 am to
If there is any type of punishment against China it has to be a Global effort...Otherwise the US will look like a bully and the media would have a field day defending China as the victim..
Posted by crewdepoo
Hogwarts
Member since Jan 2015
11131 posts
Posted on 5/2/20 at 9:25 am to
quote:

Obviously if we sue them they will never pay anything
says the country 20 trillion in debt
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
76373 posts
Posted on 5/2/20 at 9:27 am to
Okay.

So foreign nationals cannot own things like oil reserves and other items, so they buy a US corporation. This allows them to then purchase things they are generally not allowed to.

So in theory, you'd have to examine every single US corporation and track down all of the investors.
This post was edited on 5/2/20 at 9:29 am
Posted by Celery
Nuevo York
Member since Nov 2010
11748 posts
Posted on 5/2/20 at 9:28 am to
Imagine if other countries did this to US companies. A few have actually. Communist countries.
Posted by Mo Jeaux
Member since Aug 2008
64606 posts
Posted on 5/2/20 at 9:28 am to
quote:

So foreign nationals cannot own things like oil reserves and other items, so they buy a US corporation. This allows them to then purchase things they are generally not allowed to.



That's not how it works.
Posted by go ta hell ole miss
Member since Jan 2007
14798 posts
Posted on 5/2/20 at 9:32 am to
quote:

Obviously if we sue them they will never pay anything but why not just seize all their US properties and businesses


They are the largest foreign holder of US debt. Not to mention virtually all US companies rely on China to some extent. We would be much better served to get into a physical war than an economic war with China. You think a six week shutdown was bad? It will pale in comparison to an economic war with them.
This post was edited on 5/2/20 at 9:33 am
Posted by StupidBinder
Jawja
Member since Oct 2017
6392 posts
Posted on 5/2/20 at 9:34 am to
quote:

Obviously if we sue them they will never pay anything but why not just seize all their US properties and businesses.


So...we seize the property of Chinese citizens to punish the Chinese government?

I’m not sure I can think of something more un-American. We’re better than this.
Posted by Mo Jeaux
Member since Aug 2008
64606 posts
Posted on 5/2/20 at 9:34 am to
We're already in an economic war with China.
Posted by pvilleguru
Member since Jun 2009
60453 posts
Posted on 5/2/20 at 9:35 am to
Posted by ForeverEllisHugh
Baton Rouge
Member since Aug 2016
16687 posts
Posted on 5/2/20 at 9:35 am to
You’re right but sadly the corporate/government decision makers value profit over health and security.

We should not have any dealings with China; the complete Cuba treatment.
Posted by Mo Jeaux
Member since Aug 2008
64606 posts
Posted on 5/2/20 at 9:36 am to
quote:

So...we seize the property of Chinese citizens to punish the Chinese government?



A significant portion of their U.S. investments are directly or indirectly owned by their government.
Posted by wdhalgren
Member since May 2013
5704 posts
Posted on 5/2/20 at 9:39 am to
It would be nice if we could cool down the anti-China (and anti-Russia) rhetoric. I don't know the truth about how the coronavirus originated and disseminated, but right now our time and energy are better spent fixing our own economy than stirring up passions against other world powers and possibly starting a real war.

This constant Russia/China bashing from politicians smacks of a commonly used political technique; when your power is threatened internally, create an external enemy to distract the population.
Posted by Indefatigable
Member since Jan 2019
38447 posts
Posted on 5/2/20 at 9:43 am to
quote:

They are the largest foreign holder of US debt


No they aren’t.
Posted by StupidBinder
Jawja
Member since Oct 2017
6392 posts
Posted on 5/2/20 at 9:52 am to
quote:

A significant portion of their U.S. investments are directly or indirectly owned by their government.


I guess you could just go after the investments that are directly owned by the state, but is it really worth the blowback?

Trump (to his credit) has done a pretty good job of running off Chinese investment in the US (public and private). I think I read it’s down 90% since he took office. Is it really worth it to expropriate the rest like we’re some 3rd world banana republic?
This post was edited on 5/2/20 at 9:55 am
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