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:
shame on americans selling out to them
Not good.
And there’s nothing the Bernie Sanders crowd is going to be able to do about it, because you not going to be able to text your business is when you don’t have any businesses left. China is taking over American businesses and they’re going to move them back to China everything you buy is going to be made in China including things that I’ve always been made in America. Do you think if China buys out Ford that your Fords are still going to be built in America? Do you think any of your retailers are still going to be in business when people want $15 an hour in China can sell you that sheet online from in a Chinese website? Do you think any of American businesses are going to be able to compete with China when they’ve got socialists demanding that these companies pay more taxes to pay for every American student to go to college? I’m talking tens of trillions of dollars that these people are trying to ring out of American companies who are already dying, and the more you kick em when they’re down the easier it is for China to buy them up and then move them back to China. China would love to own Microsoft China would love to own Apple China would love to own Ford and Chevrolet, China would love to own Walmart and McDonalds, they’re all going to have their head office in Hong Kong, New Delhi, or Singapore within 50 years if America doesn’t smarten the$#%&!@*up.
Money grabbing go ahead guys and see where it gets you
cuz they fear if Trump wins they will loose billions so lets set up shop in America….how nice
Dedt what a$#%&!@*
Trump is right again! Bring back our jobs, vote for Trump!
Please vote trump
Why is that allowed?
China does!