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:
This is why obama is taking land hes going to give it to China to pay off our loans America is Screwed
If they cannot tie a rope around them and drag them home,,,, they are still ours.
with the idiot in chief in our white house, our enemies don’t go to war with us, they just buy us
Not a surprise…our government allows it to our complete downfall…Nixon started it and it has progressively gotten worse.
Obama allows it we have to stop it so we have some controls! It’s ridiculous Mexico doesn’t allow us to even buy a condo or a house!
This is exactly why we need a guy like Trump.
That should not be allowed.
Isn’t this what happened in the Jimmy Carter presidency? Ya think we would have learned that selling our Country was not in our best interest, but I guess not!!
TRUMP 2016
Are we still living in the USA !!