Comment by aj7

Businesspeople might well be overstressing themselves with micro- and macroeconomic reasons behind China’s declining attractiveness to foreign entrepreneurs. Rather, we might simply be dealing with Han racism against westerners. In the beginning, western entrepreneurs were reluctantly “welcomed” when they had things to teach China, investment of almost any form was needed, and China was simply poor. The reluctance was papered over by good manners, and the possibility of unusual profits. Now, China is much richer and more sophisticated, and much of the teaching and raw development is over. Westerners are more clever about hiding trade secrets, and more willing to outsource expensive factors of production in their Chinese operations. In a country of political sophistication that only few Westerners perceive, they are being eased out, having never been considered a perennial fixture in society.