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How many "American" companies are owned by a Chinese Parent company?
Posted on 4/16/20 at 4:05 pm
Posted on 4/16/20 at 4:05 pm
I'll give a local one from my home state.
Smithfield Hams. One of the most prominent ham companies in the country and can be found even down here in Louisiana (thank god) was recently purchased by a Chinese conglomerate. Of course none of the branding changed so I'd imagine most people don't know that when they buy their products, it's helping fund a major Chinese business to an extent.
What other companies are owned by Chinese conglomerates that barely anybody would think or know about? Also does this make any of y'all feel uneasy having a foreign enemy purchasing private American businesses? It makes me feel like if Russia had bought Ford during the cold war or something similar.
Smithfield Hams. One of the most prominent ham companies in the country and can be found even down here in Louisiana (thank god) was recently purchased by a Chinese conglomerate. Of course none of the branding changed so I'd imagine most people don't know that when they buy their products, it's helping fund a major Chinese business to an extent.
What other companies are owned by Chinese conglomerates that barely anybody would think or know about? Also does this make any of y'all feel uneasy having a foreign enemy purchasing private American businesses? It makes me feel like if Russia had bought Ford during the cold war or something similar.
8
Posted on 4/16/20 at 4:06 pm to jlovel7
AMC though they’re barely surviving as it is
Posted on 4/16/20 at 4:06 pm to jlovel7
quote:
How many "American" companies are owned by a Chinese Parent company?
I don't know but I'd imagine they are everywhere. Companies, academia influence, Hollywood, media.
This post was edited on 4/16/20 at 4:08 pm
Posted on 4/16/20 at 4:08 pm to 1BamaRTR
quote:
AMC though they’re barely surviving as it is
I had no idea about this. I'm disappointed because they have my favorite theaters.
Posted on 4/16/20 at 4:27 pm to jlovel7
Mexico owns Borden’s
Posted on 4/16/20 at 4:32 pm to jlovel7
GE Appliances is Chinese owned.
Posted on 4/16/20 at 4:42 pm to GetCocky11
quote:
GE Appliances is Chinese owned.
Damn that's crazy. I wonder how many people buy GE appliances have no idea it's not even a part of GE anymore. Just a logo.
Posted on 4/16/20 at 4:44 pm to jlovel7
I think they own most of the farm land too
Posted on 4/16/20 at 4:57 pm to jlovel7
Milwaukee
Ryobi
Hoover
Oreck
Dirt Devil
Are all owned by Techtronic Industries Company Limited (TTI) based out of Hong Kong.
Ryobi
Hoover
Oreck
Dirt Devil
Are all owned by Techtronic Industries Company Limited (TTI) based out of Hong Kong.
Posted on 4/16/20 at 4:57 pm to CuyahogaTigerJr
Ironman triathlon and Rock n Roll running races were owned by a Chinese conglomerate until a couple weeks ago when a US PE firm bought them
Posted on 4/16/20 at 5:02 pm to CuyahogaTigerJr
quote:
think they own most of the farm land too
What?
Posted on 4/16/20 at 5:03 pm to CuyahogaTigerJr
Continental Carbon is owned by the China Synthetic Rubber Corp.
Posted on 4/16/20 at 5:51 pm to usc6158
quote:
until a couple weeks ago when a US PE firm bought them
That is almost as bad.
Posted on 4/16/20 at 6:01 pm to GetCocky11
quote:
GE Appliances is Chinese owned.
And they're terrible arse people.
They were hoarding over 300,000 N95 masks at the plant here in Louisville so they could keep their workers on the line. They finally donated about half to the local hospitals.
Posted on 4/16/20 at 6:04 pm to jlovel7
(no message)
This post was edited on 7/23/20 at 4:02 am
Posted on 4/16/20 at 6:06 pm to ABucks11
quote:
Hong Kong
They are the good guys.
It may hurt the economy some but I think it’s best for National Security if laws are passed prohibiting American businesses from conducting business in China or with Chinese labor, and all Chinese products should be banned in the States.
Posted on 4/16/20 at 6:26 pm to jlovel7
quote:
How many "American" companies are owned by a Chinese Parent company
The federal government
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