Posted on December 3, 2008 at 10:30pm
Some people may still remember well how Japanese acquired US companies in 80's and 90's. In the 21st century, China may follow the steps of Japan. IChina has ont only the appetite but also a deep pocket. By September 2008, China's foreign exchange reserves surved $1.9 trillion. Here is one of a recent transactions that not many people are aware of.
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