Joe Honick, GMA International Ltd (Jun. 11, 2013): This does not carry much significance, especially since no one is forced to take the Chinese money. It also ignores similsr bgut long ago heasvy Japanese and German investments that endured for good or otherwise. Somehow Americans don't seem to be wary of our own heavy investment abroad where many billions are often psarked for tax purposes. In other words, this is a "so what?" statistic.
Ronald N. Levy (Jun. 11, 2013): Chinese are becoming the new Jews, suspected and resented because they have money. Jews were driven from country to country so they often couldn't own farms and factories and went into fields that were open--professions and finance.
The Chinese have also suffered discrimination including discriminatory immigration policies by the U.S. and Europe where ctivts urged "ban the yellow peril" so China went into what it could, providing the world with low cost labor and high quality ports.
The Chinese have had four things going for them.
1. END OF STARVATION. Under the extremely corrupt previous government, millions of Chinese starved to death every year, year after year, millions more strarvation deaths every year, but the new government ended that by splitting up the food more fairly.
2. AUTHORITARIANISM. Most people prefer maximum freedom but in India a billion-dollar Tata auto plant had to close because of community activists not stopped by the government. China doesn't permit that destructive kind of activism so plants stay open and the public gets the benefit of plants that are producing.
3. THRIFT. Even more than Germans who suffered an extremely tough economy after the non-stop Allied economic punishment after World War I, the Chinese also learned to live on very little so when Western exploiters were kicked out or chose to leave, the Chinese saved and had lot of money to lend.
4. RESPONSE TO PERSECUTION. Just as persecuted Jews helped each other to survive, the Chinese have recognized that in spite of all their population they are a persecuted miority, At the entrance to a big park in Shanghai is a sign, put up when the occidentals ruled the orientals, "No Dogs Or Chinese Allowed." I saw that sign which reminds the Chinese of how things used to be and why they should stick together.
The good news for the U.S. is that China is a huge potential market for the U.S. which can mean tens of millions of additional American jobs plus good financing for our government and our companies--and a higher standard of living for Americans.
That means opportunity for us and we can use it or lose it.