Quote from pitz:
"Managers" cannot acquire and 'manage' businesses without capital, something that Americans have very little of since they refuse to actually work, or let others work. When Chinese firms convert their debt holdings, to equity of US firms, most of the management will be replaced by Chinese people. Just like it is Americans who manage American-owned businesses that operate overseas.
Anyone who thinks that Americans can just sit back, acquire lots of 'management' skills, and go on like they have for the past 20-30 years is, IMHO, completely delusional. Some Americans might disagree with the Chinese political system, and how things are done there -- but unlike in America -- things are actually getting done in China, and done very efficiently.