Coronavirus: Corporate America should stop being China’s ‘useful idiots’

Remember when Chinese paramount leader Xi Jinping closed the doors to the Middle Kingdom to all foreigners, and America’s liberal opinionmakers erupted with accusations of racism and xenophobia?

Me neither, but it happened: No more foreign devils!

China banned foreign visitors entirely, effective 12:01 am Saturday. For now, the Western finance bros and consultant types who profited from business with the totalitarian regime can’t go kowtow at the Forbidden City. And maybe we should thank Xi, for taking the key step toward disentangling our economy from China’s.

For decades, the United States and other Western powers traded our industrial strength and technology for access to China’s burgeoning markets and cheap consumer goods. Wall Street and a few large firms enjoyed this arrangement, as did American princelings like Hunter Biden, who until October sat on the board of a Chinese fund whose shareholders include many Communist-state-owned enterprises.

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