U.S. firms moving operations out of China: survey

The economic joyride is over.

Chinese actions are solely to create their own huge companies and shut out foreign businesses, so the developed world should do the same to Chinese businesses

The world will be better off when it decouples from china. The economy is not going to be horrible this year but we will see the ripples from over investment in a paper dragon. China's economy needs to cool some and maybe the economic crunch there, we can hope, will spur the Chinese people to throw off the yoke of their communist dictatorship.

China’s GDP grew 6.9% last year,

Nonsense, if it grew even half that much, investors would be beating at the door to spend their money, especially with growth everywhere else in the world at less than 2%.

Chinese actions are solely to create their own huge companies and shut out foreign businesses,

Kind of like what Japan did beginning in the early 60's. This exclusion of foreign competition resulted in strong growth in Japan for more than 2 decades, but this policy has come back to bite Japan on the backside, as the lack of competition has led to higher prices, decreased consumption, and a falling population.

If China wants their economy to grow, the state simply has to stop meddling with it. Growth would occur on a scale beyond any which has occurred up to this point.

There is no disputing that China’s golden age for foreign companies doing business in China is over. What is happening with foreign investment into China is not so much a shrinking but a maturation. China still has one and a half billion people and there are still countless companies that should and do well selling their products and services. But there is also the realization that doing so will not be easy, fast or cheap. China is still the factory to the world, but it is not the only country in which it makes sense to manufacture and companies are increasingly realizing this. China is still a huge, growing market that no global company can afford to ignore.

But be that as it may, what really determines whether a foreign company goes into China or stays in China is money. If the money is there and the foreign company can legally stay in China, it usually will. If the money is not there, it will eventually leave. But if wages were the only factor in Western or Japanese companies choosing where to locate, many would have moved its facilities to Southeast Asia, especially in Vietnam. Smaller firms cannot afford to move abroad because they have made big investments to establish themselves in China. A company puts its resources where it thinks its future market will be.