Comments are based on a story out of the UK…
In order to protect and promote investment closer to home (and to pull some of China’s ever growing fangs) the U.S should seek treaties with poor countries in this hemisphere (like Haiti) to create economic zones similar to Hong Kong. The treaties would protect investors from political uncertainties that are present when doing business in countries that don’t have stable governments.
The US would benefit from cheap labor markets while the Haitians and others would benefit from investments in their countries.
It’s time to stop enabling a potential enemy like China. Having another manufacturing base would give us some negotiating power with the Chinese.
It seems odd to invest in Asia where many of the countries will be hostile to America regardless of our investment when we could invest in neighboring countries where our investments have the potential to create goodwill towards America.
by Cu