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> Few complain about middle eastern or american companies buying up europe. What exactly is so different about China? I would suspect it's because a lot of Chi

> Few complain about middle eastern or american companies buying up europe. What exactly is so different about China? I would suspect it's because a lot of China's foreign buying spree involves state owned/controlled companies. If the US used the Federal Open Market Committee to purchase big chunks of foreign assets, especially in "critical" infrastructure, other countries might start to get a little worried. Though, honestly, we brought it on ourselves -- China has ~4 trillion in foreign reserves which we happily gave to them in exchange for cheap consumer gadgets (totally ignoring why the government has these funds instead of the producers of said gadgets) which we've always known they would someday want to cash in on some real goods. Well, it turns out they like to buy "critical infrastructure" so woe is us.

jaschen1980 9y ago
"I would suspect it's because a lot of China's foreign buying spree involves state owned/controlled companies." Yet if you look at the data objectively, Chinese companies (both private and state-owned) are just playing by the rules of the western market economy. They are purchasing and investing, playing the capitalist game just like everybody else. The west also has state-owned enterprises. In Canada, we call them crown corporations (e.g., Bombardier). Yet whenever a corporation is owned by a western government, tons of waste happens and somehow our companies rarely make products that are competitive with the global market. They are just not competitive. So it seems to me that China and their companies are playing the capitalist game better than EU, and the core of EU are being sour grapes.