The idea that "no money can be taken out of China" would suggest that all the U.S. firms wanting to do do business in China would have no incentive to do so...why invest in China operations, if profits can never be repatriated to U.S. shareholders or be reflected in company shares traded on U.S. markets????
Does this really make any sense??
The fact that so many U.S. firms are dying to have access to Chinese consumer and business markets suggests that, in fact, $$ can be "..taken out of China". What am I missing???
Sounds like whoever is feeding you this line is just adding to the long history of excuses why GCHC can't own up to its responsibilities. It begs the question, into who's pockets is the money going ??? IMO
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