Next: the Chinese invasion

[josephpalazzo]

Chinese companies have been acquiring foreign companies at an unprecedented rate, and we're likely to see a lot more of it this year.

So far in 2016, General Electric has sold its appliances business to Qingdao-based Haier. China's Zoomlion made an unsolicited bid for heavy lifting equipment maker Terex Corporation, and property and investment firm Dalian Wanda announced a deal to buy a majority stake in Hollywood's Legendary Entertainment.

On Friday, a Chinese-led investor group announced it would buy the Chicago Stock Exchange. And then there's ChemChina's record-breaking deal for the Swiss seeds and pesticides group Syngenta, valued at $48 million according to Dealogic.

There have already been 82 Chinese outbound mergers and acquisitions deals announced this year, amounting to $73 billion in value, according to Dealogic. That's up from 55 deals worth $6.2 billion in the same period last year.

Last year was a record-breaker for Chinese outbound deals, with 607 deals valued at $112.5 billion in total. Just over one month in to 2015, and China is more than half way towards breaking that total.
So what's going on?
One interpretation is that Chinese companies are simply hungry for growth as that country's economy slows, and they're feeding themselves by buying other companies.

"With the slowdown of the economy, Chinese corporates are increasingly looking to inorganic avenues to supplement their growth," Vikas Seth, head of emerging markets in the investment banking and capital markets department at Credit Suisse,  told Business Insider.

Read more at: http://www.businessinsider.com/china-is-buying-a-lot-of-foreign-companies-2016-2

[drunkenshoe]

Apparently, it is good for the Wall Street. We have been living in American invasion for a long time, let's try something else. Why not?

[Hijiri Byakuren]

I, for one, welcome our Chinese overlords.


Fair and balanced (like Fox News).

[josephpalazzo]

I, for one, welcome our Chinese overlords.


Fair and balanced (like Fox News).

Oh really!  With the kind of censorship prevailing in China, you would be the first to be silenced by Chinese authorities.

[Shiranu]

The joke

Your head

[AllPurposeAtheist]

Congress blocked (or we were told) Hauwai from running all the router and server hardware for the internet infrastructure in the U.S., but I have to wonder how many countries overlooked it and gave the Chinese all the keys to their internet infrastructure..

[Hydra009]

I, for one, welcome our Chinese overlords.


Fair and balanced (like Fox News).

Chinese dominion will benefit our corporations the great and reform our selfish western chaos into unified, orderly order and harmony.  And I say this as dispassionate outsider in no way affiliation with Yu Wan Mei and its delicious array of fish-flavored carbonated beverages.

[josephpalazzo]

Chinese dominion will benefit our corporations the great and reform our selfish western chaos into unified, orderly order and harmony.  And I say this as dispassionate outsider in no way affiliation with Yu Wan Mei and its delicious array of fish-flavored carbonated beverages.

Whether it's POE or not, it's hilarious.

[The Skeletal Atheist]

So we're still being raped, but we're just switching one dick for another? Carry on then.

[Nonsensei]

So we're still being raped, but we're just switching one dick for another? Carry on then.

This new dick has spikes and razors on it.

[The Skeletal Atheist]

This new dick has spikes and razors on it.

Sometimes your own blood is best lube.

Sent from Hell

[stromboli]

Sometimes your own blood is best lube.

Sent from Hell

Lol. We should do a thread on blood loss. That I could contribute to.

[Baruch]

Lol. We should do a thread on blood loss. That I could contribute to.

Did you forget where you put it?  Or perhaps you mistakenly invested it with Bernie Madoff at the blood bank.  Seriously, I still donate blood when I can.