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But fixing the problem won't be easy, because "if they cut spending, they will grow less, and by increasing debt, they will have a big problem with the debt ceiling," said Casarin.

But due to the US government's increased scrutiny and tightened regulations on Chinese FDI and the Chinese government's adjustment of its outbound investment policy, Chinese investment in the US declined dramatically in 2017 and 2018 with new investment falling by nearly 90 percent, according to Rhodium.

But it's worth looking at the negative consequences of the rapid financial reforms the US and the UK made in the 1980s and 1990s. These wholesale reforms were not designed to solve specific problems. Instead, they were based on the idea that deregulation is always better.

But even if JEDI isn’t addressed directly, Amazon’s announcements in one area — hybrid computing — could factor into the discussion. Addressing the issue in an interview with GeekWire, Microsoft CEO Satya Nadella said hybrid computing was one reason Microsoft’s bid for the Pentagon contract stood out. Given its legacy in traditional servers, Microsoft has long focused on this approach, letting customers run cloud technologies on their own hardware and data centers in addition to the public cloud.

But according to Gu Yongzhong, a law professor at the China University of Political Science and Law, it would be hard to ensure public supervision and attendance if cases were heard on WeChat because, like other instant-messaging tools, it is primarily a closed platform.