China is now so many industries monopolized by foreigners, China is not a failure!

The monopolization of China's economy by foreigners is now limited to some high-tech products, such as motor vehicles, aviation, electronics and so on. But this temporary monopolization is not totally negative. These foreign companies allow a lot of products to flow into China, and in order to fully occupy the Chinese market they have to utilize local resources. Raw materials, specialists, workers and so on would be too costly to bring in from abroad, and the Chinese government would not agree to it. Since they are forced to use local resources, our economy will benefit greatly. A good example of this is when Airbus came to China with all German and French experts, and then two years later they let the Chinese take over. The Chinese then became highly skilled members of society, and Chinese society profited from the foreign companies in this way.