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December 26, 2007

China invading

So how are those Mandarin classes going? AP: "China controlling more of U.S. economy". Excerpt:

China has been making increasingly aggressive investments in some of the world's most prestigious financial companies in recent months — most of them American. Morgan Stanley, Bear Stearns, Blackstone Group and Britain's Barclays have all negotiated major stakes by Chinese government-controlled investment funds.

Posted by JD Hull at December 26, 2007 11:59 PM


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