| From Latimes.com: Made in China now has a fast-growing sibling: Bought by China. Beijing is using its accumulation of billions of American dollars to step up its investments around the globe. One goal of the increased investment in the U.S., led by the government's vast sovereign wealth fund, is to buy assets while prices are depressed.
In the last year, Chinese acquisitions in the U.S. have ranged from a relatively obscure theater in Branson, Mo., to stakes in such famous brands as Coca-Cola and Johnson & Johnson...........................................Full Article: Source
|