I worked for Chinese manufacturers, trading companies and import companies for 25 years and there is a measure of truth to what you assert.
However, there are good reasons this is the case:
1) In a foreign company, in this case a Chinese company, that derives its financial or other support from China or Taiwan, it is important that you have people that are bi-lingual and can effectively communicate with Bankers in Shanghai, or Product managers in Hsinchu. Guess who these people generally are? Chinese immigrants.
2) They post job openings in the newspapers in the communities they are a part of, such as the Chinese Daily News here in Los Angeles.
3) Quite frankly, most non-asian Americans do not want to work in a company where the majority of the people are Chinese immigrants. Especially if the boss is Chinese. "muricans don't like taking orders from funny little foreigners.
My experience has been that most of these immigrants would struggle to find employment or a decent job with a fortune 500 company. If not for Chinese companies hiring from within their community, these people likely have a very difficult time finding a job.
Consider some of the obstacles the Chinese face, even compared to other immigrants.
Immigrants from Mexico speak Spanish, which is a European language based on Latin, one of the 6 Romanatic languages and uses the Roman alphabet. 80% of English vocabulary is based on Latin, and also uses the Roman alphabet. Chinese is a character based language with almost no similarities to English other than a basic sentence structure.
Immigrants from Mexico or Latin America are overwhelmingly Christian, mostly Roman Catholic. Most Chinese are Buddists and Atheists. America is an overwhelmingly Christian country.
Chinese culture is heavily influenced by confucianism which is an entirely different tradition than the Greco-Roman, or Judeo-Christian ethic or tradition.
Basically, most Chinese immigrants have to deal with major culture shock upon arrival to the U.S.
Yet most Chinese come here with very little and succeed because they are tough people, who work hard, have strong families with a strong belief in education, not because some sneaky oriental overlord is rigging the employment market.
If native born Americans valued a free quality public education as much as Chinese immigrants, or took care of their elderly instead of shipping the off to nursing homes, maybe we would have fewer problems.
If you are born here, are a native English speaker, and intimately understand the culture because you are part of it, and you can't beat out an immigrant from Dongguan for a job, that's a you problem.
Exactly. Although to be honest, Americans don't buy that much "junk" from China. less than 3% of our income according to the Federal Reserve Board of San Francisco, although the data is a little old. It's all the crap at Best Buy and Walmart that is made in China and is highly visible.
Automation, outsourcing, financialization of the economy, I think you hit the nail on the head.
I think Unions have proven no match for these forces.
I think the we need start looking at a different approach. Automation and things like self driving cars seem to demand policies that reduce the number of hours and years that people particpate in the work force as a way to reduce the pressure on labor market. 32 or 36 hour work week? Lower the age when people can begin collecting Social Security and retire? Government intervention in the labor market, through infrastructure and other spending on projects to set a floor under the unemployment rate. State owned banks that invest in making things, rather than paper assets. Gavin Newsome has proposed a California state bank.
Additionally, there needs to be some redistribution from the top to the bottom in the form of Universal Health Care, or going to college for free, or nearly free.
And lastly, a robust social safety net. I personally like the idea of a "Guaranteed Minimum Income" rather than the patchwork of welfare programs, SNAP, section 8 housing, AFDC, etc...
Just give people the money, they are smart enough to figure out how to budget it.
I've never understood the fear of foreigners buying, I.E investing, in American assests.
As long we have eminent domain, the risk is mostly on the investor. It's not like they can pack up a 10,000 acre farm and ship it to China.