China is buying up American companies fast, and it’s freaking people out

Chinese Flag American Flag

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.

(Read the rest of the story here…)

***If you are a news addict, be sure to bookmark The Most Important News and visit on a daily basis for the very best breaking news, articles and videos from all over the Internet!***