Government-owned agrochemical firm China National Chemical announced this week an all-cash proposal to buy Swiss rival Syngenta for $43 billion in a deal expected to improve China's food production. Read full article
China over pays for business and property all over the world.
They don't understand what something is worth
Just like Japan did in the 80s.
Soon enough they'll be selling everything at a loss to pay debt
Remember me saying China didn't have near enough U$ to fix its problems..
they're saying if things keep up like this year into next they'll be out of cash...
Psst they'll be worse than last year...
Comments
Disclaimer & comment rulesThe acquisition of strategic corporations have great importance in the policies that the BRICS will implement in the near future.
Feb 05th, 2016 - 08:13 pm - Link - Report abuse 0BRICS = 5 powers working together
China over pays for business and property all over the world.
Feb 05th, 2016 - 08:52 pm - Link - Report abuse 0They don't understand what something is worth
Just like Japan did in the 80s.
Soon enough they'll be selling everything at a loss to pay debt
Remember me saying China didn't have near enough U$ to fix its problems..
they're saying if things keep up like this year into next they'll be out of cash...
Psst they'll be worse than last year...
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