Posted on Dec 1, 2016
U.S. panel urges ban on China state firms buying U.S. companies
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This is an interesting article and reminds me of the firm the Germans stopped the Chinese from buying.
U.S. panel urges ban on China state firms buying U.S. companies
Posted from reuters.com
China
United States
Office of the President (POTUS)
Posted 8 y ago
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Investing good, ownership bad. I've always believed that any agreement/treaty should have direct reciprocity. Including nationalization if used by either party/s.
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this is a serious plan ... and it makes since...Why should we allow a Foreign government to Buy and Own US COMPANIES...
... ""The Commission recommends Congress amend the statute authorizing the Committee on Foreign Investment in the United States (CFIUS) to bar Chinese state-owned enterprises from acquiring or otherwise gaining effective control of U.S. companies," the report said....
... ""The Commission recommends Congress amend the statute authorizing the Committee on Foreign Investment in the United States (CFIUS) to bar Chinese state-owned enterprises from acquiring or otherwise gaining effective control of U.S. companies," the report said....
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I thought this should have been addressed LONG ago...Other countries should only allowed to own so much in the US...CHINA already owns so much, It makes my head hurt.
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