Richard Wolff appears on RT Boom Bust "Petro Surge Slips & New Way for Huawei?"

The U.S. may now be opening the door to working with the Chinese telecom giant, Huawei as other nations are looking to crack down on Chinese investors eyeing to scoop struggling companies around the globe.

Interview starts at [16:00]

What's the concern with investors from China, particularly as it relates to intellectual property?

"This is simply a ploy to be able to buy these failing companies, on the part of other nationals, who can shape their local government in a way that the Chinese can't. On the other hand, there is this effort to try to slow down the Chinese. It probably isn't going to work. It's probably too little and too late, China is an enormous power, becoming relatively more important with literally each passing day."

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