John Tamny on economic ties between the U.S. and China

It cannot be stressed enough that to visit China today as an American is to feel like you're a very welcome person.  You feel more at home than the average person because everywhere you look is a McDonalds, Burger King, KFC, Apple store, Nike store.  Everything over there is American.  The Chinese people - say what you will about Xi - are conducting a love affair, and it's a passionate one, with all things American.  Apple sells a fifth of its iPhones there, it's the second largest market for McDonalds, 4,200 Starbucks there on the way to tens of thousands.  It is a massive market for U.S. goods and so I find it just strange: China was a much bigger threat to us when it was a desperately poor communist country than it is now as a country that its people are finally tasting the fruits of economic freedom.  Are they as free as we are?  No, but these are people who love all things American and all you need to do is visit there to see this.

~ John Tamny, "Key Takeaways from the Annual Stansberry Conference," 1:14:55 mark, November 4, 2021