China Buying Up American Corporations

15 days ago
196

Chinese companies have significantly increased their acquisitions of American businesses and assets, particularly in strategic sectors like technology, energy, agriculture, and media.

This trend has raised concerns about national security and economic sovereignty, with critics arguing that Chinese state-owned enterprises (SOEs) may use these purchases to advance national security goals or gain access to sensitive technologies.

Notable acquisitions include Smithfield Foods, the world's largest pork producer, purchased by Shuanghui International Holdings Limited in 2013, and Motorola Mobility, acquired by Lenovo in 2014.

In the technology sector, Chinese firms have acquired companies like Ingram Micro, General Electric's appliance business, and Terex Corp..

The media and entertainment industry has also seen significant Chinese investment, with Dalian Wanda acquiring both Legendary Entertainment and AMC Entertainment Holdings, giving China control over thousands of U.S. theater screens.

The scale of Chinese investment in the U.S. has been substantial, with over $145 billion in total investment reported, including more than 50 acquisitions worth at least $50 million each in 2016 alone.

This investment spree is often financed by China's large trade surplus with the U.S., which has accumulated to over $4.22 trillion over the past two decades.

While some argue that these investments are legitimate business ventures, others contend they represent a strategic effort by the Chinese government to gain leverage over critical American infrastructure and industries.

The U.S. Committee on Foreign Investment in the United States (CFIUS) has the authority to review and block deals deemed a threat to national security, but its use of this power has been limited, especially for deals not directly involving national security.

Critics have called for expanded CFIUS authority and the implementation of reciprocity rules, arguing that the U.S. should not allow foreign takeovers unless similar access is granted to American investors in those countries.

Thanks to all you amazing patriots for joining us on this journey and for your support and faith in this biblical transition to greatness.

With your continued support, Truth Seekers Worldwide may continue sharing the most compelling videos of what's truly happening in our world.

Any way can support is truly appreciated; a donation via a cup of coffee ➜ https://www.buymeacoffee.com/LeslieO

Join us at Truth Seekers Worldwide
Private FB Group ➜ https://www.facebook.com/groups/227520826040332
Website ➜ https://TruthSeekersWorldwide.com
Soj.ooo ➜ https://soj.ooo/u/truthseekersworldwide

Thank you for joining us on this journey!

God bless!

Leslie

China Buying America, National Security Issue, CCP

Loading comments...