General Motors To Be Sold to Chinese Government

[CuongNhuka]

http://en.wikipedia.org/wiki/United_States_public_debt

If you look at direct foreign ownership of US companies, China is often not even on the map.

http://www.treas.gov/offices/international-affairs/cfius/docs/CFIUS-Annual-Rpt-2008.pdf

You may be thinking of Sovereign Wealth Funds:

http://en.wikipedia.org/wiki/Sovereign_wealth_fund



If you look at the CIC, it becomes more clear.

http://en.wikipedia.org/wiki/China_Investment_Corporation

http://www.eeo.com.cn/ens/finance_investment/2009/03/06/131432.shtml

I remembered my source. It was a teacher from High School, I'll ask him his source (he has graduate degrees in Economics and Politics, so I'm sure he knows what he's talking about).

 

[Xue Sheng]

Be prarped to panic.....

China outright bought IBM's laptop division a few years back it is now Lenovo :anic:

And you might want to read this too All hope abandon ye who enter here

The Chinese aren't taking over...they don't want us..... like I said... they just want our cash.

But.... the ones you really have to watch are...... come closer....the Italians.... they want to merge with Chrysler AND buy GMs European division...FIAT that's who you have to worry about...next....well I shudder to think about it.

Fear
Italians
After
Territory

 

[Andy Moynihan]

Be prarped to panic.....

China outright bought IBM's laptop division a few years back it is now Lenovo :anic:

And you might want to read this too All hope abandon ye who enter here

The Chinese aren't taking over...they don't want us..... like I said... they just want our cash.

But.... the ones you really have to watch are...... come closer....the Italians.... they want to merge with Chrysler AND buy GMs European division...FIAT that's who you have to worry about...next....well I shudder to think about it.

Fear
Italians
After
Territory

Fix It Again, Tony.

 

[K-man]

... and China is buying into Australian resource companies big time too. Talk about selling the farm! :shrug: