3 ms·

Yea it is a bullshit situation. Western companies cant acquire chinese ones and chinese ones cant or wont acquire the western ones.

• jfim 9y ago
  Can you elaborate on why that is a bullshit situation?
  • Analemma_ 9y ago
    If you believe in laissez-faire or neoliberal capitalism, the actions of the Chinese government are obstructing "the natural order of things" and are hence bullshit.
    • bitwize 9y ago
      Given how thoroughly laissez-faire and neoliberalism have fucked the world over, especially the world's poor, you might forgive us for not thinking it's bullshit as strongly as you do.
      • conanbatt 9y ago
        Source? Extreme poverty has been rapidly decreasing in the past few decades
  • yuhong 9y ago
    In this case, I think it is to protect the foreign reserves that China have. If Chinese companies did large acquisitions of US companies, it might reduce the value of the yuan.