China is buying up American companies fast, and it's freaking people out
To date, there have been 102 Chinese outbound mergers-and-acquisitions deals announced this year, amounting to $81.6 billion in value, according to Dealogic
Here's a story you'll be hearing about a lot this year.
Chinese companies have been buying up foreign businesses, including American ones, at a record rate, and it's freaking lawmakers out.
There is General Electric's sale of its appliance business to Qingdao-based Haier, Zoomlion's bid for the heavy-lifting-equipment maker Terex Corp., and ChemChina's record-breaking deal for the Swiss seeds and pesticides group Syngenta, valued at $48 billion.
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