The government of the People’s Republic of China now claims, at the end of its three-year Wuhan Virus shutdown, to be open for foreign business. A broad range of folks running American businesses actually are taking that government’s blandishments seriously.
Many companies that are increasing their commitments to China are consumer-facing. They still view China’s enormous market as a promising long-term bet, even if sales took a hit during the zero-Covid era.
This is, at best, counterproductive.
Any product’s technology, consumer-oriented or not, can be dual-used for military or intelligence collection purposes, and in the PRC, it will be—not only to the detriment of PRC citizens, but to our detriment and that of our friends and allies.
More than that, American investment, any sort of doing business, inside the PRC works to the benefit of the PRC’s economy.
No American company should be doing any sort of business with or within an enemy nation.