Why the U.S. Needs Chinese Investment
The following excerpt is from a BloombergBusinessweek article entitled “Why the U.S. Needs Chinese Investment”. The original article can be found here.
China’s investments are growing in frequency and in diversity across sectors. While Chinese overseas investments were historically thought to be strategically based on China’s hunger for natural resources, 2012 has brought a variety of transactions, from Shandong Heavy Industry’s buyout of Italian yacht maker Ferretti, to Shanghai Bright Food Group’s investment in England’s Weetabix breakfast brand, and most notably, here in the U.S., where Dalian Wanda purchased the AMC movie theater chain. These investments in Western economies have tangible economic benefits for all parties involved and should be welcomed, not blocked.