Saturday, November 13, 2010

Chinese Company May Buy Stake in GM - Truthdig

Chinese Company May Buy Stake in GM - Truthdig


Yep. Another American name about to be "sold" to the highest bidder. Even though they are "negotiating" a stake of $500 million, that's the Chinese way of acquiring GM. How? The U.S. owns a major stake in GM and in turn the Chinese owns the U.S. And do you not think that the Chinese won't have a major influence in the company?

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