Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
The link is broke. Here is the GFOA explanation. CAFR sounds like a South African slur.
http://www.gfoa.org/eta-faq
This is so stupid. Like really, really stupid.