The U.S. economy is still struggling from the 2009 recession, and many companies are also still recovering, in spite of the reassurances from the Obama administration that all is well. One way to recognize that there are problems is by noting the number of U.S. companies that are being sold to the highest foreign bidder, which includes 102 mergers and acquisitions by Chinese companies so far this year. Included are General Electric’s sale of its appliance business to Qingdao-based Haier, Zoomlion’s $3 billion bid for the heavy-lifting-equipment maker Terex Corp., and ChemChina’s record-breaking deal for the Syngenta, valued at $48 billion.
China’s buying spree is due, in part, to a slowdown in the Chinese domestic economy, and cheap prices for U.S. properties as companies seek to unload less profitable or unsustainable businesses. In a survey of China based-businesses, almost half said that the U.S. was an attractive market for investment, though 47% felt that U.S. laws and regulations were a major barrier. That is indicative of the decreasing international standing of the U.S. in surveys evaluating economic freedom and ability to conduct commerce. It could also represent the mindset of legislators like Bernie Sanders and Hillary Clinton who seek to move the United States towards socialism and away from free enterprise.
U.S. business sell-off not a slam dunk, page 2:
Oh really? All those upstanding multi-billion dollar companies who have been cheating the American tax system and outsourcing jobs to places like China aren’t gonna stick around and clean up the mess they made by buying out our politicians so they could deregulate our business policies set in place to avoid situations like this? Shocking
They don’t have to invade ; they just buy!
They’ve been buying our land as well!
Marty Valadares WHT??
they are also buying up our minerals rights,,,the Oregon stand off?? that is one example
They bought Smithfield Farms, one of the largest pork producers in the country. Remember all the poisoning scandals involving Chinese companies, from pet food to baby formula? I won’t buy Smithfield pork, even if it means never eating pork again. Buyer beware.
Not only have I served I have killed for this country but that doesn’t matter anyhow
You don’t have to serve in the military to say what you got to say
Anybody he can sell the USA to is okay with our Muslim squatter.
They are using g our own money to buy us out. Make sense to anyone ?