China wields coronavirus to nationalize American-owned carmaker
Police and private security forces raided the headquarters on June 29
https://www.foxbusiness.com/markets/chi ... ar-companyChina enticed an American entrepreneur with the opportunity of helping build a cutting-edge automobile company in the world’s largest car market, then used the uncertainty cast by COVID-19 to steal his intellectual property, the businessman says.
Steve Saleen, founder of specialty high-performance sports car manufacturer Saleen Automotive, and his partner Charles Wang, a Chinese immigrant and former attorney at a New York law firm, were approached in late 2015 about forming a joint venture with the city of Rugao to manufacture automobiles.
If it Has not happened already the same thing will happen to MTH....