Chinese FDI in America

Benjamin A Shobert at the Asia Times Online says:

Should the US even be pursuing FDI from China? At the intersection of America's past and China's future - the manufacturing intensive heartland of the Midwest - these questions take on a pragmatic orientation and thus far, in the heart of Middle America, China is only vaguely perceived as a potential investment partner.

Even though only dimly perceived, there already exists a considerable synergy between China and the US Midwest. Each needs the other to stay healthy if either is to survive, and yet both China and the Midwest represent sectors of the global economy that are frustratingly duplicated and consequently over-capacitized.

To read more:

http://www.atimes.com/atimes/China_Business/IE04Cb02.html