The claim that began this debate asserted "the lure of the China market for Taiwanese capital." The trends souring that lure are the ones causing U.S. corporate capital to hit the brakes, too: * The influx of a vast number of low-wage workers from villages has leveled off. Foxconn, a Taiwan corporation, is not going to expand at anywhere near the speed it did when this pool of near-slave labor ballooned every year. * Chinese capitalists have built up their muscle in the Chinese markets, squeezing margins for Apple and other U.S. vendors there. * The U.S. ruling class has determined that PRC expansionism is a major issue. There is lots of contention among them about exactly what to do, but whatever is done will make it more difficult to invest profitably in China. * The Chinese state has criminalized what used to be ordinary business practices, such as gathering information for due diligence before entering a joint venture. * The Chinese economy is of necessity slowing down its longterm growth rate. This is fundamental medium to longterm stuff, not the conjunctural tidbits and speculation about "recover" that Marv retailed.
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