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.
This is the way to do affordable housing.
Tax incentives that harness the power of the market.
Not top-down, ill-conceived mandates that distort the market and discourage development.