Qualcomm Becomes a Political Punching Bag in Communist China

TAIPEI, Taiwan (TheStreet) -- It's easy to forget in the context of China's global economic magnetism that a Communist party bent on long-term survival has run the country for 65 years. Per doctrine, a Communist state must periodically accuse foreigners of aggression to retain support, casting its own people as victims who should rally around their ethnic kin in power. China once went after just foreign countries such as the United States. But the rise of multinational companies based offshore h...