Wednesday, June 10, 2009
China: Cash Is King, Picking Up Cheap Assets
Last week Government Motors announced that Sichuan Tengzhong Heavy Industrial Machinery had executed an
to purchase Hummer.
Why on earth would they want it ?
Chinese companies are interested in gobbling up bargain overseas assets, with vision of global expansion.
Whole World of Bargain from Shanghai Daily
Rep. Mark Kirk, R-IL China Investing Away From The Dollar
Ms. Cristy Li