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Comment by coliveira | Hacker News Reader

It is very funny to see the US media complain about behavior that has always been the modus operandi of US around the world as if this was borderline criminal. China is doing whatever they can to advance their industry, in the same way the US does around the world. It is borderline ridiculous to read this kind of news from American media.

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I don't think it is the same. The US has always been open to outside investment. But we have things happening right now where a large number of major motion pictures coming out are from Chinese owned companies (like Legendary). Notice how the hero is China in so many films now.

Chinese citizens are buying up media properties and tech stock at a dizzying pace. Meanwhile, American owned media companies are heavily restricted in what movies can be shown in China and what content those movies can have. There are also restrictions of foreign ownership of Chinese companies.

The Trump administration is wasting time taxing trinkets imported from China, when what they should be doing is matching the restrictive laws that China is using to increase their soft power in the US and world.

I'm curious which restrictive laws you have in mind that we should copy.

The only one I can think of that may be worth mimicking in some form is the majority citizen ownership percentage requirement.

That's the one. Majority ownership ... But I'm not saying we should adopt it as a rule for all cases. It should be a reciprocal law applying to China and any other country with similar restrictions.

Same goes for chinese produced movies that they want to show in the US. Movie must be pre-approved and pro USA.

I love the reciprocity approach.

Regarding the actions of the Trump Administration and trinkets-CIFUS [Committee on Foreign Invesment in the United States] and FARA [Foreign Agents Registration Act] enforcement are increasingly rather dramatically. I think these improvements are in SPITE of the actions of Donald Trump and his top lieutenants-but they are happening nonetheless. in fact they are probably happening in response to the very actions of Trump/Trump surrogates with Russia!

https://www.lawfareblog.com/foreign-investment-risk-review-m...

No country in the world has received so much outside investment as China! This doesn't even compare with the US, where most companies are owned by US based groups.

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