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:
Why spy when you can own the technology!
Because China is afraid of Donald Trump presidency.
This has been going on a long time.
Obama’s America is crumbling around us .
Japan is not a totalitarian leftists regime bent on conquest. Also , china is buying up important commodities buisnesses.
if we only had a congress,president and a supreme court…..
Buying up land too, not just a few acres but thousands of acres and growing food on the land, shipping it back to China, also seeds and pesticides.
The sad part is that China has no money either. Mirrors and smokescreens y’all.
Every country that has surplus cash does this. Don’t blame China for making the investments. Blame the greedy American company owners who sell to them. And ship American jobs over seas.
and trump would have something major to say about that.