I've always thought that admitting defeat in 2018 and again in 2025 (it's not just targeting us, and it wasn't just in 2018) would be most beneficial for the economy. After all, we didn't meet the conditions promised when joining the WTO in 2001...
Chinese state-owned funds, including China Investment Corporation (CIC), are halting new investments in U.S. private equity as opposition to Trump's tariff trade war. Some funds are withdrawing planned investments before making final commitments.
Industry executives say CIC's private equity investments in the U.S. have slowed in recent years. To diversify its portfolio, CIC has established investment partnerships and deployed capital to countries like the UK, Saudi Arabia, France, Japan, and Italy.
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