Business Insider reports that Chinese companies have been buying up American businesses at a record rate and it’s freaking lawmakers out. “To date, there have been 102 Chinese outbound mergers-and-acquisitions deals announced this year, amounting to $81.6 billion in value, according to Dealogic. That’s up from 72 deals worth $11 billion in the same period last year. And they’re not expected to let up anytime soon.” (businessinsider.com)
China Buying Up American Companies at Record Rate
