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:
Obama is selling America.
You are right one of tbe riches guys in China just bought 28,000 acres in up state ny
AND WE HEAR NOTHING ABOUT IT FROM OUR GOVT. BUT, TRUMP HAS BEEN TELLING YOU ALL THIS AND NOW LOOK WHAT IS HAPPENING. TRUMP FOR PRESIDENT BEFORE CHINA OWNS AMERICA.
What do you think about this
I guess what goes around comes around.. This land was taken by foreigners many years ago I guess the cycle continues.. Or karma
Cheaper than a war…. We are selling ourselves off, piece mill..
They already own it
Its illegal for the gov to own property outside of washington but they do it anyway since when did any of them follow the law? Laws are for you not them
In a rush before Trump gets in
What’s new?