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Farage Warns: Chinese Interests Lining up for ‘Fire Sale’ of U.K. Businesses - US next?

Posted on 4/10/20 at 8:10 am
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 4/10/20 at 8:10 am
Watch for the same in the US. Not to mention residential and commercial real estate.

quote:

The problem is is the same mob that sold us out to Brussels are now happy to sell out our sovereignty once again to China and this needs a much bigger, higher, level of debate.”

Last month, Chinese firm Jingye Group bought out British Steel. Former Prime Minister David Cameron and former Chancellor of the Exchequer George Osborne allowed Chinese state-run companies to invest in British nuclear power plants.


Breitbart:
LINK
This post was edited on 4/10/20 at 8:16 am
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 4/10/20 at 8:25 am to
quote:

Former Prime Minister David Cameron and former Chancellor of the Exchequer George Osborne allowed Chinese state-run companies to invest in British nuclear power plants.


Uranium Two
Posted by JawjaTigah
On the Bandwagon
Member since Sep 2003
22731 posts
Posted on 4/10/20 at 8:26 am to
This, if no barriers, would be the last nail in the coffin. Checkmate. China wins. Wake up America! Wake up Western Europe!
Posted by thejudge
Westlake, LA
Member since Sep 2009
14718 posts
Posted on 4/10/20 at 8:46 am to
That's the first thing I thought of when all these businesses are getting slammed and have to sell off assets...

To who?

China has the cash.
Posted by Auburn80
Backwater, TN
Member since Nov 2017
8849 posts
Posted on 4/10/20 at 8:52 am to
China already owns the Chicago Stock Exchange, Smithfield Foods, AMC Theaters, and GE Appliances.
Posted by Buckeye Jeaux
Member since May 2018
17756 posts
Posted on 4/10/20 at 8:53 am to
quote:

China already owns the Chicago Stock Exchange, Smithfield Foods, AMC Theaters, and GE Appliances.
Add most of Hollywood studios. Wonder how deeply invested they are in MSM news outlets
Posted by International_Aggie
Member since Oct 2012
1847 posts
Posted on 4/10/20 at 9:09 am to
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 4/10/20 at 9:10 am to
quote:

AMC Theaters


That isn't doing so well.
Posted by trinidadtiger
Member since Jun 2017
16685 posts
Posted on 4/10/20 at 9:17 am to
Chinese direct investment (includes divestments)

2016--46 billion
2017--29 billion
2018--4.8 billion

2019 will probably end up a net negative, they had sales of 20 billion in assets still pending the end of 2018.

China was strapped for cash before this mess started, and I believe the virus will have a much worse long term effect on them than the US. Net net, they dont have money to buy shat, if they did they would have started with a larger cash injection domestically.

Trump has also made if very difficult for them to buy ANY company in the US....though I feel you will be able to buy the assets of china telecom's US division pretty cheaply soon.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 4/10/20 at 9:20 am to
It would be foolish to deny the US economy of their investments or for that matter the investments of any foreign country.

There was a lot of BS talk about the Japanese "buying America" in eighties.

What is strange is no one whines when the Arabs and Europeans invest here. They have invested far more than have the Chinese.

One very good thing Trump did was to lower the corporate tax rate so that it is not as profitable as it once was for foreign companies to own US businesses.

One thing to remember is they have the dollars and if we want the dollars back to the US we should not stand in their way.
This post was edited on 4/10/20 at 9:23 am
Posted by jnethe1
Pearland
Member since Dec 2012
16143 posts
Posted on 4/10/20 at 9:23 am to
quote:

There was a lot of BS talk about the Japanese "buying America" in eighties. What is strange is no one whines when the Arabs and Europeans invest here. They have invested far more than have the Chinese.


The Chinese are communist. That’s a big difference.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
36585 posts
Posted on 4/10/20 at 9:28 am to
How does lowering the corporate tax rate make it less profitable for foreign ownership of US corporations?
Posted by blueboy
Member since Apr 2006
60245 posts
Posted on 4/10/20 at 9:44 am to
quote:

Watch
I did. Would it have killed Farage to put on some pants before making such a serious assertion?
Posted by BlueFalcon
Aberdeen Scotland
Member since Dec 2011
2970 posts
Posted on 4/10/20 at 9:46 am to
1. Sell all the property we can to China on the condition that they pay in bullion

2. Once bullion is in our possession nationalize everything we sold to them

3. Ask them if they'd like to purchase anything else
Posted by keks tadpole
Yellow Leaf Creek
Member since Feb 2017
8165 posts
Posted on 4/10/20 at 9:49 am to
quote:

if no barriers

See note 2 in above post ^^
The Pacific Ocean, a formidable submarine fleet and the 2nd amendment constitute a pretty strong barrier.
This post was edited on 4/10/20 at 9:51 am
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/10/20 at 9:52 am to
Those frickers better not buy the Dove Creek Cafe
Posted by 14&Counting
Dallas, TX
Member since Jul 2012
40052 posts
Posted on 4/10/20 at 9:56 am to
quote:

One thing to remember is they have the dollars and if we want the dollars back to the US we should not stand in their way.


The Chinese are also hostile to our interests and are predatory merchantilists.
Posted by Scruffy
Kansas City
Member since Jul 2011
74880 posts
Posted on 4/10/20 at 9:56 am to
quote:

I B Freeman
Of course you would be in here fully defending that communist state.
quote:

One thing to remember is they have the dollars and if we want the dollars back to the US we should not stand in their way.


You really must have dual citizenship, or something.

Hell, with how much pro-CCP propaganda you post on here, I wouldn’t be surprised if they offered you citizenship just because.
This post was edited on 4/10/20 at 9:59 am
Posted by Champagne
Sabine Free State.
Member since Oct 2007
51341 posts
Posted on 4/10/20 at 9:57 am to
China has every intention to use this crisis to strengthen China's Global Strategic economic and military power.

The West is powerless to stop it, because there are no laws in place to prevent further sell-out of the national economic power of the western nations.

Does the USA have any such legal protection to prohibit such sell-outs? Even if the USA did have some legal regime in place, wouldn't the Greed of our own politicians work to circumvent such legal protections?

Of course it would.

Posted by trinidadtiger
Member since Jun 2017
16685 posts
Posted on 4/10/20 at 9:58 am to
quote:

How does lowering the corporate tax rate make it less profitable for foreign ownership of US corporations?



I wondered the same thing.
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