Chinese State Capitalism harms all American and other national Businesses that choose to do business there

Why?

Because the Chinese State Capitalistic system demands all the business secrets and inventions of all businesses that do business in China. So, this is how China steals all inventions from other parts of the world and incorporates them into it's nation. This harms all nations on earth who do business with China.

Why do nations and businesses put up with this?

MONEY!  Because China is around 1.4 billion people customer base which is bigger than any nation on earth and comparable to India.

However, in the long run the whole world and all national economies will be harmed more and more and it will either create an economic or hot war between the democracies and China eventually and everyone knows this around the world including China. And everyone is scared of this ongoing!