Newsworldnews

Tue Feb 23, 2016, 02:29 PM

China Buying Up the World

Why should they go to war with anyone? They simply go around buying up businesses from other countries to gain control of things the rest of the world needs.

To date, there have been 102 Chinese outbound mergers-and-acquisitions deals announced this year, amounting to $81.6 billion in value, according to Dealogic. That's up from 72 deals worth $11 billion in the same period last year.

And these are just a few of them:

There is General Electric's sale of its appliance business to Qingdao-based Haier, Zoomlion's bid for the heavy-lifting-equipment maker Terex Corp., and ChemChina's record-breaking deal for the Swiss seeds and pesticides group Syngenta, valued at $48 billion.

Don't we have a current political candidate talking about this? Read the full story @ http://www.businessinsider.com/chinese-outbound-acquisitions-concerns-2016-2

2 replies, 298 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 2 replies Author Time Post
Reply China Buying Up the World (Original post)
sargentodiaz Feb 2016 OP
Guyzilla Feb 2016 #1
Scary Red Feb 2016 #2

Response to sargentodiaz (Original post)

Tue Feb 23, 2016, 02:59 PM

1. I used to work at FEDMART, a longgggggg time ago.

 

The Japanese were the threat back then. They would come in megabuses. By the hundreds. They took pics and sketched the shelves. IN AWE. They were studying how to corner the market in STORES.

They never really were given a fair opportunity to take us over. It looks like the Chinese will likewise implode short of Target, I mean Fedmart.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to sargentodiaz (Original post)

Tue Feb 23, 2016, 03:00 PM

2. That's what we did for a long time...

now it's China's turn.

What's the big deal?

Reply to this post

Back to top Alert abuse Link here Permalink

Newsworldnews