From Asia Times: Last week, China flexed its muscles in the economic and military spheres, setting off a flurry of reactions in Washington that threaten to complicate Sino-American relations and reveal long-term risks for the globalization process.
From the International Herald Tribune: Behind the headlines over the past week about big Chinese bids for American companies and China’s debut as a car exporter lies a much broader challenge to a half-century of American economic and political ascendance, a challenge that goes beyond the one that came from Japan nearly a generation ago. […]
From The New York Times: The move by the Haier Group, a Chinese manufacturing colossus, to acquire the Maytag Corporation could transform Haier into one of the world’s most powerful appliance makers and give the company a greater foothold in America and Europe. In addition, analysts say, the purchase would be another big step in […]
From the Los Angeles Times (free registration required): Flush with cash and a strong desire to expand their global reach, Chinese companies have stepped up their shopping spree to acquire U.S. assets, highlighted Tuesday by reports of a possible bid for Unocal Corp. and an offer for Maytag Corp. Mainland Chinese investments in the United […]
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