While there are clearly important foreign policy and trade questions raised by China's emergence as a deal maker in the United States, it is less clear that these deals - and others that will surely follow - are as problematic as they may appear at first.
Many deals with Chinese companies - and, by extension, the Chinese government - may actually help the United States economy, just as China has helped prop up the nation by buying Treasury bonds en masse.
Indeed, so far, the businesses in which China has taken an interest could be categorized as "least likely to succeed." And the Chinese may eventually revive them.
Look at Maytag.
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"U.S. oil companies need to play on an equal playing field around the world," said Larry Goldstein, president of the Petroleum Industry Research Foundation. "The prospects of that happening are diminished if the U.S. government interferes in a deal like this," he said.
