« previous next »
Pages: [1] 2   Go Down

Author Topic: China Buying US Companies  (Read 7597 times)

0 Members and 1 Guest are viewing this topic.

Offline indago

  • Banned
  • Full Member
  • ***
  • Posts: 158
  • Reputation: +3/-196
China Buying US Companies
« on: May 21, 2012, 05:53:54 AM »
Journalist Joe McDonald wrote for Associated Press 21 May 2012:
-------------------------------------------------------------------------
A Chinese conglomerate announced Monday it will buy a major U.S. cinema chain, AMC Entertainment Holdings, for $2.6 billion in China's biggest takeover of an American company to date. Dalian Wanda Group Co.'s purchase reflects the global ambitions of a wave of cash-rich Chinese companies that are using acquisitions to speed their expansion by obtaining foreign skills and brand names.
-------------------------------------------------------------------------

article
Logged

Offline obumazombie

  • Siege engine to lib fortresses
  • Hero Member
  • *****
  • Posts: 21814
  • Reputation: +1659/-578
  • Last of the great minorities
Re: China Buying US Companies
« Reply #1 on: May 21, 2012, 10:03:45 PM »
I guess I'll be avoiding AMC.
Logged
There were only two options for gender. At last count there are at least 12, according to libs. By that standard, I'm a male lesbian.

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1997/-134
Re: China Buying US Companies
« Reply #2 on: May 21, 2012, 11:56:21 PM »
Quote from: obumazombie on May 21, 2012, 10:03:45 PM
I guess I'll be avoiding AMC.

About once every 5 years I sit my butt through a movie at the theatre....and then that one is locally owned by the same family that owned it when I was a kid.
Logged
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline obumazombie

  • Siege engine to lib fortresses
  • Hero Member
  • *****
  • Posts: 21814
  • Reputation: +1659/-578
  • Last of the great minorities
Re: China Buying US Companies
« Reply #3 on: May 22, 2012, 12:52:45 AM »
Quote from: JohnnyReb on May 21, 2012, 11:56:21 PM
About once every 5 years I sit my butt through a movie at the theatre....and then that one is locally owned by the same family that owned it when I was a kid.
Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.
Logged
There were only two options for gender. At last count there are at least 12, according to libs. By that standard, I'm a male lesbian.

Offline JohnnyReb

  • In Memoriam
  • Hero Member
  • *****
  • Posts: 32063
  • Reputation: +1997/-134
Re: China Buying US Companies
« Reply #4 on: May 22, 2012, 06:44:26 AM »
Quote from: obumazombie on May 22, 2012, 12:52:45 AM
Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.

As a teenager back in the late 50's, early 60's, there were 3 drive-in theaters in my small town and they were all doing well. There were 3 walk-in theaters. I don't know of a drive-in within a 150 miles of me now days and there's only one walk-in in town and it's just barely hanging on.
Logged
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism’, they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

"America is like a healthy body and its resistance is threefold: its patriotism, its morality, and its spiritual life. If we can undermine these three areas, America will collapse from within."  Stalin

Offline NHSparky

  • Hero Member
  • *****
  • Posts: 24431
  • Reputation: +1278/-617
  • Where are you going? I was gonna make espresso!
Re: China Buying US Companies
« Reply #5 on: May 22, 2012, 08:27:43 AM »
People still go to movie theaters?
Logged
“Any man who thinks he can be happy and prosperous by letting the government take care of him better take a closer look at the American Indian.”  -Henry Ford

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2222/-127
Re: China Buying US Companies
« Reply #6 on: May 22, 2012, 09:15:20 AM »
Quote from: NHSparky on May 22, 2012, 08:27:43 AM
People still go to movie theaters?

I think it's been 15 years or more since I last went.   
Logged

Offline Kyle Ricky

  • Hero Member
  • *****
  • Posts: 7596
  • Reputation: +614/-1086
Re: China Buying US Companies
« Reply #7 on: May 22, 2012, 09:25:31 AM »
Quote from: obumazombie on May 22, 2012, 12:52:45 AM
Quite a bit of nostalgia there. My Godfather used to live on the location of a former drive in theatre. There's not many of those left in operation either.

There are two drive in theaters in my area.

As for AMC Entertainment? I never heard of them. Around here it is three Carmike Cinemas and one that is privately owned. And the one that is privately owned is the best one.  
Logged

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: China Buying US Companies
« Reply #8 on: May 23, 2012, 11:32:40 PM »
As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.
Logged

Offline txradioguy

  • Minister of Propaganda
  • Hero Member
  • *****
  • Posts: 18686
  • Reputation: +1291/-1116
  • Rule 39
Re: China Buying US Companies
« Reply #9 on: May 24, 2012, 03:33:09 AM »
Quote from: Lacarnut on May 23, 2012, 11:32:40 PM
As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.

One thing that should worry us though in terms of national defense is that they run the Panama Canal now.  They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.

Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.
Logged
The libs/dems of today are the Quislings of former years. The cowards who would vote a fraud into office in exchange for handouts from the devil.

Creator of the largest Fight Club thread ever!

http://conservativecave.com/index.php?topic=83285.0

Offline CG6468

  • Hero Member
  • *****
  • Posts: 11493
  • Reputation: +540/-210
Re: China Buying US Companies
« Reply #10 on: May 24, 2012, 09:23:06 AM »
The last movie theater I was in was back in 2000, when I was a projectionist.
Logged
Illinois, south of the gun controllers in Chi town

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: China Buying US Companies
« Reply #11 on: May 24, 2012, 12:18:03 PM »
Quote from: txradioguy on May 24, 2012, 03:33:09 AM
One thing that should worry us though in terms of national defense is that they run the Panama Canal now.  They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.

Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.
Logged

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: China Buying US Companies
« Reply #12 on: May 24, 2012, 12:30:12 PM »
Quote from: txradioguy on May 24, 2012, 03:33:09 AM
One thing that should worry us though in terms of national defense is that they run the Panama Canal now.  They control the locks at both ends...and the Cinese Army has been allowed to train at our old bases there.

Imagine what will happen if they try to retake Taiwan and we want to transfer ships from the Atlantic to the Pacific to try and come to Taiwan's aid.

The Canal is in the process of being expanded and will double in capacity in 2014. It is my understanding that a rich Chinese man has purchased the locks and ports rather than the Chinese government.

I just do not think the Chinese will be that stupid to take Taiwan or restrict commerce and ships thru the canal. A nuke war would be one that the Chinese would lose and it would not be in their economic intrest either. Now, if the muzzies owned it, I would be worried.

Another thing that would help would be the US treating Panama like a red headed stepchild with trade agreements and the IRS demanding access to bank accounts of US citizens. 
Logged

Offline CG6468

  • Hero Member
  • *****
  • Posts: 11493
  • Reputation: +540/-210
Re: China Buying US Companies
« Reply #13 on: May 24, 2012, 04:51:48 PM »
Quote from: Lacarnut on May 24, 2012, 12:30:12 PM
The Canal is in the process of being expanded and will double in capacity in 2014. It is my understanding that a rich Chinese man has purchased the locks and ports rather than the Chinese government.

I just do not think the Chinese will be that stupid to take Taiwan or restrict commerce and ships thru the canal. A nuke war would be one that the Chinese would lose and it would not be in their economic intrest either. Now, if the muzzies owned it, I would be worried.

Another thing that would help would be the US treating Panama like a red headed stepchild with trade agreements and the IRS demanding access to bank accounts of US citizens. 

The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.

What's the name on most of the containers going through there? COSCO - Chinese Container Service Company (or Chinese something). I wonder what's in all of those containers.
Logged
Illinois, south of the gun controllers in Chi town

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2222/-127
Re: China Buying US Companies
« Reply #14 on: May 24, 2012, 04:56:21 PM »
Quote from: CG6468 on May 24, 2012, 04:51:48 PM
The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.

What's the name on most of the containers going through there? COSCO - Chinese Container Service Company (or Chinese something). I wonder what's in all of those containers.

Finding out what is in the containers isn't that hard.  Most of them end up in the US.
Logged

Offline CG6468

  • Hero Member
  • *****
  • Posts: 11493
  • Reputation: +540/-210
Re: China Buying US Companies
« Reply #15 on: May 24, 2012, 05:04:26 PM »
Quote from: thundley4 on May 24, 2012, 04:56:21 PM
Finding out what is in the containers isn't that hard.  Most of them end up in the US.

But there aren't enough inspectors in the Coast Guard to check every one of them, and in every US port.
Logged
Illinois, south of the gun controllers in Chi town

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2222/-127
Re: China Buying US Companies
« Reply #16 on: May 24, 2012, 05:55:40 PM »
Quote from: CG6468 on May 24, 2012, 05:04:26 PM
But there aren't enough inspectors in the Coast Guard to check every one of them, and in every US port.

True, but would China want to damage their best market in the world?  They are gaining quickly enough economically with out resorting to a terrorist attack.
Logged

Offline rich_t

  • Hero Member
  • *****
  • Posts: 7942
  • Reputation: +386/-429
  • TANSTAAFL
Re: China Buying US Companies
« Reply #17 on: May 24, 2012, 05:59:15 PM »
Quote from: thundley4 on May 24, 2012, 05:55:40 PM
True, but would China want to damage their best market in the world?  They are gaining quickly enough economically with out resorting to a terrorist attack.

About 20 years ago it was Japan that was buying up all of our real estate....  It was a huge concern for some people back then.


Logged
"The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened." --Norman Thomas, 1944

Offline thundley4

  • Hero Member
  • *****
  • Posts: 40571
  • Reputation: +2222/-127
Re: China Buying US Companies
« Reply #18 on: May 24, 2012, 06:02:34 PM »
Quote from: rich_t on May 24, 2012, 05:59:15 PM
About 20 years ago it was Japan that was buying up all of our real estate....  It was a huge concern for some people back then.




I remember all the fret and worry about that.  Back then, it was English companies that were really the largest owners of American properties.  However, the Japanese made an easier target since they are "different" from most of us.
Logged

Offline Lacarnut

  • Hero Member
  • *****
  • Posts: 4154
  • Reputation: +316/-315
Re: China Buying US Companies
« Reply #19 on: May 24, 2012, 08:24:52 PM »
Quote from: thundley4 on May 24, 2012, 05:55:40 PM
True, but would China want to damage their best market in the world?  They are gaining quickly enough economically with out resorting to a terrorist attack.

The widening of the canal will cut shipping costs dramatically from China to the East Coast, will allow larger ships to go thru there and cut delivery time . From what I have read, the Chinese have managed it more efficiently than when it was in US hands.

The Chinese have a vested economic interest in not screwing up a good deal when they see one.
Logged

Offline indago

  • Banned
  • Full Member
  • ***
  • Posts: 158
  • Reputation: +3/-196
Re: China Buying US Companies
« Reply #20 on: May 24, 2012, 09:28:14 PM »
Quote from: CG6468 on May 24, 2012, 04:51:48 PM
The Chinese have run the Panama Canal since Carter gave it to them. I forget the year.

Quote
Panama would assume full control of canal operations and become primarily responsible for its defense.

article
Logged

Offline obumazombie

  • Siege engine to lib fortresses
  • Hero Member
  • *****
  • Posts: 21814
  • Reputation: +1659/-578
  • Last of the great minorities
Re: China Buying US Companies
« Reply #21 on: May 24, 2012, 09:32:20 PM »
Quote from: indago on May 24, 2012, 09:28:14 PM
article
Wikipedia ? Seriously ? I consider that a worthless link.
Logged
There were only two options for gender. At last count there are at least 12, according to libs. By that standard, I'm a male lesbian.

Offline CG6468

  • Hero Member
  • *****
  • Posts: 11493
  • Reputation: +540/-210
Re: China Buying US Companies
« Reply #22 on: May 24, 2012, 09:33:46 PM »
Quote from: thundley4 on May 24, 2012, 05:55:40 PM
True, but would China want to damage their best market in the world?  They are gaining quickly enough economically with out resorting to a terrorist attack.

Point taken, but exactly where are those thousands of containers loaded?

The last I heard and saw was the Japanese owned most of Hawaii.
Logged
Illinois, south of the gun controllers in Chi town

Offline Miss Mia

  • Hero Member
  • *****
  • Posts: 8052
  • Reputation: +353/-137
Re: China Buying US Companies
« Reply #23 on: May 24, 2012, 09:54:20 PM »
Quote from: Lacarnut on May 23, 2012, 11:32:40 PM
As long as they are not buying companies that deal with national defense, I do not see a problem. US companies invest in shithole commie and muzzie countries also.

China doesn't need to buy US defense companies, they have the best hackers on earth.  Look at the RSA attack that came from China.
Logged
Stink Eye
"Bloodninja: It doesn't get any more serious than a Rhinocerus about to charge your ass."

Offline indago

  • Banned
  • Full Member
  • ***
  • Posts: 158
  • Reputation: +3/-196
Re: China Buying US Companies
« Reply #24 on: May 24, 2012, 11:25:24 PM »
Quote from: obumazombie on May 24, 2012, 09:32:20 PM
Wikipedia ? Seriously ? I consider that a worthless link.

More's the pity, then, that a site that you consider to be irrelevant even refutes your contention.

How about these, then:

Quote
Panama would assume full control of canal operations and become primarily responsible for its defense.

article

Quote
Carter agrees to transfer Panama Canal to Panama

article

Quote
Panama would be in full control of the canal

article

Quote
Under these accords, Panama will play an increasingly important role in the operation and defense of the canal during the next 23 years.

article

Quote
Under the Panama Canal Treaty, Panama was given an increasing amount of responsibility for the operation and management of the Canal until the termination of the treaty at noon on December 31, 1999, Panama time. At that time, the United States would transfer full control of the Canal to Panama.

article
Logged
Pages: [1] 2   Go Up
« previous next »