The requested article has expired, and is no longer available. Any related articles, and user comments are shown below.
© Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.China discloses buying spree in U.S. companies
BEIJING©2025 GPlusMedia Inc.
Video promotion
11 Comments
Login to comment
some14some
It makes China look richer than actually it is. Should the trend continue it may not only surpass Japan but USA also and becomes World's largest economy !
Odogma
Why wouldn't China be acquiring stakes in US companies; G-d knows their cyber attack forces have illegally acquired vast amounts of useful information about their American and European rivals.
apecNetworks
The PRC economic development is doing what I expected since the mid 1970's, but recently, they are exceeding my estimates.
stirfry
money always chases value...basic economics
lostrune2
China has to invest its vast amounts of money somewhere. US Treasury (debt) bonds don't yield much. It's just how capitalism works.
InTheKnow
Whoa! Someone needs to take some basic business and investing classes. If you re-post to say it was said with sarcasm, I'll retract my post.
Hint: tech stock bubble leading up to the bursting of it in 2000. Oh, the paaaaain.
LIBERTAS
Remember, when Japan bought all kinds of US and other offshore real-estate at inflated prices, the net benefit to Japan was......nothing. China is situating itself to buy (in future terms) assets that will perform, and .....benefit China. Japan played poker. China's playing chess.
adaydream
With the Supreme Court's decision a couple of weeks ago, China can pour unlimited amounts of money into political ads. Thank you judge Alito. < :-)
WilliB
Rather hoarding increasingly worthless dollars, the Chinese government is buying real assets in the US... and so gradually the US government is selling out their country to pay for all their irresponsible spending programs. That is what you get from bad policy.
YuriOtani
Yes they are making a good move and putting money back in the American system.
maglev101
not only u.s., china signed a US$60 billion coal deal with australia. most of australia's growth comes on the back of china's thirst for raw materials.