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Started By
Message
re: Farage Warns: Chinese Interests Lining up for ‘Fire Sale’ of U.K. Businesses - US next?
Posted on 4/10/20 at 9:58 am to JawjaTigah
Posted on 4/10/20 at 9:58 am to JawjaTigah
quote:
This, if no barriers, would be the last nail in the coffin. Checkmate. China wins. Wake up America! Wake up Western Europe!
It's probably too late, brother.
0
Posted on 4/10/20 at 10:00 am to trinidadtiger
I hope you're right, trinidadtiger.
Posted on 4/10/20 at 10:45 am to Champagne
Committee on Foreign Investment in the US (CFIUS). You remember this is the same entity that rubber stamped Uranium One. There is a new sheriff in town now.....
Once again, Trump doing so much good work that never sees the light of day.
quote:
CFIUS was initially only empowered to block foreign takeovers of U.S. firms. But a bipartisan bill signed by Trump in 2018 expanded the panel’s authority to block deals even if they don’t give foreign investors control of an American company.
Under the new regulations, the committee can block foreign investors from acquiring a stake in certain U.S. companies if the investor would be involved in the firm’s board of directors or have access to nonpublic information.
Companies covered under the new regulations include U.S. computer technology firms; telecommunications, utilities, energy and transportation companies; and firms that use a wide range of personal financial and biographical data.
As tensions build between the U.S. and China, lawmakers in both parties have grown increasingly worried about businesses exposing valuable technology or vulnerabilities to Beijing through connections to Chinese companies.
Mnuchin has used CFIUS aggressively since taking the helm of the Treasury Department in 2017, blocking the sale of several U.S. tech companies to Chinese firms. The panel also opened a probe into the Chinese ownership of TikTok, a popular social media platform, and forced a Chinese company to sell Grindr, a dating app for gay men, over privacy concerns.
Once again, Trump doing so much good work that never sees the light of day.
Posted on 4/10/20 at 10:47 am to I B Freeman
quote:
It would be foolish to deny the US economy of their investments or for that matter the investments of any foreign country
Okay Joe Biden
Posted on 4/10/20 at 11:08 am to keks tadpole
quote:If China buys up enough key stocks of industries, banks, airlines etc. no invasion needed. They simply take over and one day, you wake up and you live in the Peoples’ Republic of America. Economic conquest has no need of submarines or missiles, young tadpole.
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.
Posted on 4/10/20 at 11:09 am to Buckeye Jeaux
Good for the Chinese. They're savers while the west believes consumption is the path to prosperity.
Posted on 4/10/20 at 11:12 am to Buckeye Jeaux
Simple. Nationalize it and tell China, "Thanks, we're all good. Thanks, again for all the 'Rona, you assholes."
Posted on 4/10/20 at 11:30 am to Buckeye Jeaux
Boris is going to slap the shite out of China for giving him CV
Posted on 4/10/20 at 11:58 am to Buckeye Jeaux
Banning the sale of American assets - from companies to real estate - to the Chinese would be a good move.
Posted on 4/10/20 at 12:15 pm to Buckeye Jeaux
quote:
Chinese state-run companies
quote:
nuclear power plants
What could possibly go wrong?
Posted on 4/10/20 at 12:19 pm to Auburn80
How’s that AMC Theaters investment working out?
Posted on 4/10/20 at 12:21 pm to trinidadtiger
Good points. I hope the biggest death caused by the virus is the CCP.
Posted on 4/10/20 at 12:24 pm to OTIS2
quote:
How’s that AMC Theaters investment working out?
heard they might not be reopening... wouldn't it be a shame if Hollywood came out of this with nowhere to show the shite they were managing to put out...
Posted on 4/10/20 at 12:30 pm to I B Freeman
quote:You are such a fricking whore for the CCP. I hope you're getting something out of all the bullshite you post.
It would be foolish to deny the US economy of their investments or for that matter the investments of any foreign country.
Posted on 4/10/20 at 12:36 pm to Buckeye Jeaux
Chyna going to buy all of the foreclosed houses.
Posted on 4/10/20 at 12:38 pm to thejudge
quote:
China has the cash.
It's not 2016 anymore.
Posted on 4/10/20 at 1:02 pm to mmcgrath
quote:
How does lowering the corporate tax rate make it less profitable for foreign ownership of US corporations?
A company based in the EU, for example, used to be taxed at half the rate of a US competitor. So a German company could buy a US company and pay more for it than a US competitor because they could take the earnings to Germany with management fees or intracompany charges of some sort and have half the taxes.
Now the US and EU tax rates are very similar and the Europeans do not have that tax advantage when bidding against American companies for other American companies.
Posted on 4/10/20 at 1:05 pm to HubbaBubba
Let me get this straight---a Trumpkin here on PT is advocating for nationalizing companies to keep the Chinese from buying them??
You people are nuts.
You people are nuts.
Posted on 4/10/20 at 1:06 pm to I B Freeman
Keep sucking the Chinese nuts, bud.
Posted on 4/10/20 at 1:08 pm to Buckeye Jeaux
This is fine but make them pay a premium and they have to apply the exact same demands that they force on foreign companies in China (ie. giving up intellectual property etc...). I mean if that is okay there it should be fine here.
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