Luckin Coffee Inc (LKNCY)

[food4thought]

I don’t disagree with your assessment of China but,

this is political posturing during a global crisis in an election year which breeds mass acceptance of credibility. Globalization and monies invested in China by American companies backed by American investment bankers and institutions, won’t crumble. Trillions hang in the balance. Regulatory restrictions and trade sanctions may develop but this is knee jerk stuff used to make headlines.

I’m all for American companies moving back to the homeland and creating global intrinsic leverage across virtually all industries, but that will take a massive upheaval of decades of woven global expansion and rooting deep within China’s eco structure. The cost would be astronomical. Government enforcement with bipartisan support would be extremely unlikely. Unfortunate, but at a time when our economy has be crippled, enforcing sanctions and penalizing companies for doing business with China would be further damaging. This will pass.