We Need Our Mojo Back Vis-à-Vis China

We Need Our Mojo Back Vis-à-Vis China

https://www.lawliberty.org/2019/09/12/we-need-our-mojo-back-vis-a-vis-china/?utm_source=LAL+Updates&utm_campaign=01145ca698-LAL_Daily_Updates&utm_medium=email&utm_term=0_53ee3e1605-01145ca698-72519097

EXCERPT: The world will become a Chinese company store: Chinese banks will lend the money, Huawei will build the broadband network and sell the handsets, Alibaba and JD.Com will market the products, Ant Financial will make micro-loans, and Chinese companies will build airports and railroads and ports. As an investment banker for a Hong Kong boutique from 2013 to 2016, I saw this first hand, and reported it here. Among other things, Huawei is building most of Mexico’s new national broadband network, including 5G capability, in a consortium with Nokia financed by a group led by Morgan Stanley and the International Finance Corporation. Huawei also dominates telecommunications infrastructure in Brazil and other Latin American countries. China’s tech dominance in America’s neighborhood, remarkably, has occasioned no official comment from Washington. (The form of a coming Chinese empire...if we can't stop, or at least limit it. Bill)