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.
Once again, those pension obligations to fund by 90% is brought up. Everything should be on the table… maybe the State should allow restructuring? Oh, never mind, it’s IL. Let it burn down is par for the course.