China's record buying out of US & Australian companies.....

Xenophobia ?

China buying up US businesses at record pace !
Well actually it's not just USA
But also Australian businesses.

As this article points out its part of correcting the global trade imbalances
That has China sitting on huge pile of trade surplusses.

So this trade trade surplus is funding this record buy outs.
So from trade surplus to foreign ownership !
Well done !

But remember ! Japan owned most if not all of Wakiki.....but the sun sets.....
And China with no sons in sight....the sun might just set.....


http://www.businessinsider.com/jpmorgans-tom-lee-citigroup-economic-surprise-bullish-2012-8?nr_email_referer=1&utm_source=Triggermail&utm_medium=email&utm_term=Business%20Insider%20Select&utm_campaign=Business%20Insider%20Select%202012-08-03