"In fact, by 2005, some 96% of the 500 largest enterprises in China are in the hands of party members. Yet, yet still abroad, you have those who go on and on about the 'private sector' in China. Of course, it's there. There was a private sector under Lenin, with the new economic policy after the first World War. Communists will always allow some leniency to the private sector, when they need it, only to clamp down when they believe it is no longer required." ~ Frank Dikötter

Every company in America and Europe hurting today, having lost billions and billions in China, have only themselves to blame. They literally ran into the serpent's mouth thinking they'd be allowed to pillage China and haul all that wealth back home. Instead they burned trillions collectively building up China and were then told they couldn't cash-out their "profits." The big, smart Ivy League capitalists got played by the "ignorant" commies.

Not that it hasn't happened before, either. Look what happened to Chevron, Total and Citgo in Venezulla. Chavez invited them into Venezuela and offered them the oil for free, on the condition that they train Venezuelans how to work all the machines. So the oil companies spent their cash building wells and refineries and roads and teaching the Venezuelans how to use it all. Then Chavez said, "Thanks, now get the fuck out!"

That's literally the same rug-pull that China ran on Tesla and every other Western automaker out there. All these Western firms thought they were going to get their dick wet on some cheap Chinese poon. They got their dicks cut off, their money stolen, and their kidneys are missing.