Oh sure, we've seen that pattern play out enough that I totally buy it. But "operating in China for some period of time" is still more profitable than "not operating there at all/leaving early for ethical reasons". The claim that kowtowing to their illiberal demands is short term gains and long term losses doesn't make any sense.
You're only addressing one side of the equation (i.e. the Chinese customers) and ignoring the other side (i.e. the non-Chinese customers). That's where the long-term death happens; if you alienate US customers in favor of Chinese customers (which is exactly what's happening right now), and then China shoves you out anyway in favor of Chinese businesses (which they inevitably will), then congrats, now you're worse off.
