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:
America is in a box with both Arab and Chinese buying up large amounts of our land and companies. Plus China is also grabbing jobs that we have given them.
CONGRESS SHOUlD BE PASSING A BILL LIKE CHINA DID REQUIRING ONLY CHINESE CAN OWN LAND! AMERICANS SHOULD BE THE ONLY ONES TO OWN LAND.
BY THE WAY, THE CHINESE ARE COMING TO AMERICA TO BIRTH THEIR CHILD AS AN AMERICAN!
CONGRESS NEEDS TO START THESE LAWS NOW!
wrong call senators and congress weekly !
shouldnt be able to own businesses or land here
No brainer you idiot vote
Sold to them by Hillary & Barack
We need trump fast!!!
This should not happen
End times people…….
Sean Mulvey propaganda…..
And who is responsible for letting them buy