US officials at the federal and state levels are passing laws to restrict Chinese firms from buying American real estate, particularly farmland.Other restrictions involve Chinese investments in US-based companies, and attempts to “claw back” outstanding Chinese investment in the United States and across the world.But these policies are irrelevant, as Chinese investments in the US are a tiny fraction of the profits earned there. Typically, countries running trade surpluses will re-invest those cash flows into the country, either by lending (buying bonds) or in new capital formation.Chinese regulators, however, are simply moving these hundreds of billions of dollars outside the US, to banks outside SWIFT. Then, they are invested here in Mainland China, or to BRI projects in friendly countries.Closing scene, Zhongshan Symphony Ferris Wheel, Guangdong
