Indeed, if Mr. Xi is truly shutting off Chinese markets, you wouldn’t know it from the growing sales of U.S. businesses in the “relentlessly” closed off country. Figure that Apple sells 1/5th of its iPhones in China, Boeing a quarter of its planes, GM sells more cars in China than it does in North America, China is the second largest market for Nike, McDonald’s, for the U.S. entertainment industry, and surely countless others. [Gordon] Chang yet again feels Mr. Xi has shut down access to the country’s markets, but U.S. businesses continue to expand their operations there. Starbucks, as mentioned previously, is set to double the number of stores there.
The public often agrees with politicians who declare that the middle-class struggles to make ends meet. But this is a quest to satiate our desires for material consumption within our limited resources, not a struggle for survival. Americans have long accepted inequality as a necessary consequence of a system that rewards merit, productivity and, often, luck.