Proof that Beijing really controls Wall Street: NYSE ignored Trump’s executive order to delist China telecoms Admin China, Media, News, United States of America - USA January 10, 2021 1 Minute When President Richard Nixon normalized relations with China — at the ultimate expense of Taiwan — in the early 1970s, over the next several decades American corporations increasingly saw the populous Asian giant as a piggy bank. Opening markets to more than a billion people was just too much to pass up, so U.S. corporations cozied up to Beijing and, in addition to outsourcing American jobs, sent trillions in American wealth to China. Share this:Share on TumblrTweetEmailLike this:Like Loading... Published January 10, 2021