Well you would hardly export a building and old outdated equipment - you build in China and get the new equipment from Germany imported into China.
Shareholders are the beneficiaries.
Shareholders are the beneficiaries.
I guess since you are posting from Spain, you'd hardly notice the 23% real unemployment here in the USA. But from what I hear, the economies of Spain, Portugal, Ireland, Greece, Italy, etc., are suffering from the same Free Traitor, myopic, tunnel vision, stupidity as ours is.
Shareholders also benefitted when nations had sustainable, fully functioning economies. Those economies also had a balance of production, consumption, distribution, exports, and imports, such that that vast majorities of those economies were gainfully employed within their economies.
Globalism is simply communist redistribution of wealth to the few privileged, and redistribution of poverty to the masses.
Otherwise, our economy and those of all the above mentioned nations would be booming. That is not the case.
I have yet to see that. I have seen them even buy all new equipment prior to a transfer. For two reasons, easier to train and not worry about equipment breaking down and second is the Chinese let you get a good break on bringing in the equipment.