12.11.2010 - Chinese takeovers: Being eaten by the dragon
From Economist.com: Companies often have surplus cash and banks surplus deposits. Today those savings are recycled into rich countries via sovereign-wealth funds and the central bank, which act as portfolio investors, buying mainly bonds. But China may and probably should diversify. That shift will be accelerated by China’s political aims: to acquire inputs, such as raw materials, labour and land; to build up technical and commercial expertise; and to gain access to foreign markets..............................................Full Article: Source
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