I think we are seeing product dumping on a massive scale. I am just waiting until their bubble bursts and things even out. Also, even if we do lower our credit score through stupidity they will still be forced to buy our bonds, otherwise the yuan would appreciate and they would lose their low-cost advantage.
Actually IBM had the same problem with infrastructure in India. It is hard to work with intermittent utilities and communications.
I live in the northeast but have worked in California.
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