Gen. Robert S. Spalding III assumed the duties of Special Assistant to the U.S. Air Force Vice Chief of Staff in February 2018.Music selection used through agreement with Epidemic Sound http://bit.ly/2B8DxK1Subscribe to Valuetainment for all new updates http://bit.ly/2aPEwD4\rTo reach the Valuetainment team you can email: info@valuetainment.com In a manner similar to what the world may now be about to experience, they went on an acquisition spree among weakened Western outfits. The U.K. government screens acquisitions in the military, dual-use, computing hardware, and quantum technology sectors. Beijing is using the coronavirus pandemic to expand its influence into the EU’s backyard. One can only obtain rights to use land. Here’s the thing: Lots of companies with cutting-edge technology are not active in national security, even when national security is defined broadly. It’s Waging Information Warfare. China Is Bargain Hunting—and Western Security Is at Risk. The populist Five Star Movement has become China’s chief enabler as Beijing spreads disinformation about the origins of the coronavirus while sending aid shipments to EU countries where it seeks influence. Even China’s growing share in recent years represents a small percentage of overall investment in U.S. residential real estate. Even if that effort failed, others are likely to succeed. As the Chinese government demonstrated when sending medical supplies to Italy after EU member states had failed to do so, it rapidly spots and exploits Western vulnerabilities. Buying land. Many Western governments have already passed business aid packages to make sure companies don’t go under. "There is no private ownership of land in China. Instead, you need to lease the residential land with a lease term of up to 70 years. Outside the JW Marriot in Los Angeles, Rev. | The populist Five Star Movement has become China’s chief enabler as Beijing spreads disinformation about the origins of the coronavirus while sending aid shipments to EU countries where it seeks influence. Margrethe Vestager, the European commissioner for competition, has just proposed that governments buy stakes in vital companies to prevent Chinese takeovers. Former Brigadier General Robert Spalding full interview with Patrick Bet-David. The land in China belongs to the state and the collectives. Fri May 8, 2020 Daniel Greenfield. This month, however, when China Reform attempted to put four directors on Imagination’s board and thus seize control of the company, British members of Parliament rebelled; China Reform abandoned the attempt. Our mergers and acquisitions policies need to reflect that.”, Elisabeth Braw is a fellow at the American Enterprise Institute. Combined with the new incremental agreement, U.S. exports to China should in theory climb to $263 billion … Some countries are stricter: Earlier this month, the German government introduced a new bill that allows regulators to scrutinize investments that are likely to affect the country’s security. For example, there is now a proposal to construct a multibillion dollar “China City” that would span approximately 600 acres in a remote area of New York state. Another report by the Mercator Institute, the “Chinese FDI in Europe: 2019 Update,” points out that Chinese companies also engage in enormous quantities of research and development collaboration—often of a sensitive nature—with Western counterparts. We can’t wait, or we will see the Chinese giving offers companies can’t refuse.”. Instead of buying food from farmers who work their own land, some foreign buyers want to own and operate these American farms themselves—as well as the livestock barns and slaughterhouses. How China is buying up America's food supply. A land lease of up to 70 years is usually granted for residential purposes. The American Enterprise Institute and the Heritage Foundation’s China Global Investment Tracker follows large Chinese investments, excluding bonds, around the world. It’s unlikely. Several major American companies with big investments in China are preparing themselves for potential disruption from the spread of the deadly Wuhan virus. They will also need to screen Chinese raiders taking advantage of the coronavirus. In the United States, the government has woken up to the national security implications of losing sensitive capabilities to China; the Committee on Foreign Investment in the United States (CFIUS) now plays a very active role in screening potential takeovers on national security grounds. But China, Inc. persevered. A land user obtains only the land use right, not the land or any resources in or below the land. As Max Zenglein and Anna Holzmann of the Mercator Institute, a German think tank, note in a new report on Made in China 2025, “in smart manufacturing, digitalization and emerging technologies, China wants to leapfrog and leave foreign competitors behind.” A key part of the strategy is to buy up Western firms. Among the big players are TIAA-Cref, BlackDirt, Hancock Agricultural Investment Group, American Farmland Company, AgIS Capital, and Gladstone Land Corporation. By Ziva Dahl. Argument It’s no surprise China hasn’t started buying American products as the trade deal enters into force only a month after it was signed. “Our world has changed beyond recognition, and by default so have our core industries. Imagination is well known, but across Europe, North America, and other advanced economies there are countless cutting-edge firms in key sectors such as biotech and electronics that are neither as rich nor as well funded as Imagination. By contrast, the Chinese buy almost no firms in Central and Eastern Europe, apparently because those countries don’t have enough cutting-edge firms in China’s preferred sectors. Institutional investors can and do buy land in every region and of every type: cropland in the Corn Belt, rangeland in cattle country, or fruits and nuts in California. By 2006 it had shot up to $18.2 billion, often involving takeovers of Western household names. A recent survey of more than 10,000 Japanese firms, for example, showed that 63 percent predicted the coronavirus would have a negative impact on their business performance. Indeed, Chinese investments now target Made in China 2025’s core sectors. That’s because many Western manufacturers of popular products will face financial uncertainty as a result of the coronavirus pandemic, making them easy prey for Chinese companies, which are already on a corporate buying spree in the West. China Is Bargain Hunting—and Western Security... On April 7, a Chinese company suffered a surprising setback in the United Kingdom. Between the 2013 purchase of pork processor Smithfield by a Chinese holding company and … Communist China is killing America, and it’s time to say, conclusively and collectively, no more. They simply make extremely good parts or products, or offer extremely good services, that are vital to their country’s economy. | The Chinese have made trillions of dollars flooding our shores with super cheap products, and now they are using some of that money to buy land and property all over America. Argument Canyon Bridge, a Cayman Islands-based outfit that is majority-owned by China Reform, bought Imagination in 2017—but the U.K. government didn’t intervene. Northern Europe—home of many innovation-heavy smaller businesses—is currently China’s top investment target in Europe. China Is Bargain Hunting—and Western Security... Today’s investments and takeovers continue in that mode and are often part of China’s, Margrethe Vestager, the European commissioner for competition, has just, When It Comes to Rwanda, Don’t Believe Everything You See in the Movies, Sisi Learned the Wrong Lessons From Mubarak’s Fall, America’s Currency Is as Weirdly Outdated as Its Political Structure, Time to Think About a World Without Putin. “If we have learned anything from the current crisis, it should be that the definition we have been using of national security has been insufficient,” said Smeeth. According to its estimates, the U.S. could receive between $100-200 billion of Chinese investment by 2020, increasing the number of Americans employed by Chinese … China Has Its Eyes on Serbia Patrick Henry College’s focus on governance gives it a unique place among right-wing Christian schools. Last year, for example, Chinese entities invested 11.7 billion euros (nearly $13 billion) in European Union countries, the vast majority of it in mergers and acquisitions and only a minimal share going to forming new companies. Read Stealth War https://amzn.to/34ypyuo China’s Silent Takeover While Americas Elite Slept.\rShare your thoughts with Patrick Bet-David by texting 310.340.1132 or send a tweet to https://www.twitter.com/patrickbetdavid\rAbout Robert Spalding: Brig. But many of those acquisitions, such as TCL’s takeover of France’s Thomson Electronics, ended in failure. Mattia Ferraresi. But that, too, went south for many of them when the acquired companies’ value continued to slump, as Wang Duanyong of Shanghai International Studies University pointed out in a 2011 paper. China Reform’s majority stake in Imagination is part of a major Chinese acquisition spree in Europe and North America over the past few years. Today’s investments and takeovers continue in that mode and are often part of China’s Made in China 2025 strategy, through which China plans to become a superpower in technology, manufacturing, and cybertechnology. If a Chinese outfit offers a good price to an ailing Western maker of, say, advanced sewage technology, will the board turn it down as matter of patriotic duty? Read More Vuk Vuksanovic Daniel Greenfield, a Shillman Journalism Fellow at the Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism. In 2003, Chinese mergers and acquisitions of foreign companies amounted to $1.6 billion. And like most other companies, they’ve been hit by the standstill that coronavirus has imposed on the economy. It shifted its attention from Western legacy companies to, for example, state-of-the-art technologies and research and development facilities. China Is Bargain Hunting—and Western Security Is at Risk “The U.K. government shouldn’t act on one-off cases because individual legislators start lobbying,” suggested Ruth Smeeth, who was until last November a member of the British Parliament’s Defense Committee. China's role as America's largest banker gives it leverage. China said Tuesday it bought twice as many American farm products in the first quarter than a year ago, in a sign the countries are following through … See the 51 largest deals since 1996. Foreigners who have worked or studied in China for at least a year are allowed to buy a home. But the care of ailing companies shouldn’t be far behind. Chinese acquisitions of U.S. companies Chinese companies have increasingly been purchasing American companies and assets. China has steadily accumulated U.S. Treasury securities over the last few decades. Obtaining land use rights. The US is producing vast quantities of cheaply priced corn, and the Chinese, faced with high domestic corn prices, are buying. Phase One Trade Agreement . Canada Free Press reports that given its hold on many American Democrat politicians (Joe Biden among them) and its aggressive global stance, it is not surprising that during testimony to the Senate Judiciary Committee in July 2019, FBI Director Christopher Wray emphasized: “there is no country that poses a more severe counterintelligence threat right now than China.” Now in 2020, China has purchased over 100,000 acres in West Texas … (Previous German legislation requires government approval for all investments over 10 percent that pose a direct threat to national security.) What’s more, half of the takeovers fall within focus areas of Made in China 2025. Voice: Li Shufu, the chairman of China's Zhejiang Geely Holding Group, poses for photographs in front of Volvo cars in Tiananmen Square during the opening session of the National People's Congress in Beijing on March 5, 2011. Indeed, takeovers should be screened too for the damage they could do to the economy. Ventilators—primarily made by U.S. and European companies—are currently demonstrating their value to every country’s well-being, and there are countless other similarly vital and even more technologically advanced products. It shifted its attention from Western legacy companies to, for example, state-of-the-art technologies and research and development facilities. The EU has no CFIUS, only a largely toothless screening mechanism. But GH America Energy, the U.S. unit of a Chinese firm, must still mitigate the impact of wind turbines that could interfere with low-level flight training routes at Laughlin Air Force Base. May 5, 2020. Beijing is using the coronavirus pandemic to expand its influence into the EU’s backyard. China is buying up Australian land, infrastructure and businesses at an alarming rate as it seeks to project power and influence beyond its shores.. The American CFIUS, in turn, needs to rethink what constitutes national security—ventilators clearly do. China to Start Buying Oil for State Reserves After Crash Bloomberg News April 2, 2020, 1:24 AM EDT Updated on April 2, 2020, 6:40 AM EDT It’s unlikely. But now businesses are suffering from the effects of the coronavirus. Bloomberg reports that China-based banks are already seeing a spike in requests from Chinese outfits interested in acquiring European companies. And as private companies not active in the national security sector, they’re not bound by strict regulations. Following an uproar by British legislators, an arm of the Chinese state-owned investment firm China Reform had to abandon its bid to dominate Imagination, a leading British technology firm that makes smartphone chips. Many Western manufacturers of popular products will face financial uncertainty as a result of the coronavirus pandemic, making them easy prey for Chinese companies. Smithfield Foods, an American meat-processing company, faces criticism in a claim shared by Facebook users saying hogs will be raised in the U.S. and sent to China … (Last year, it famously forced a Chinese company to reverse its acquisition of the gay dating app Grindr.). Some policies may be worth keeping, but Trump’s handling of allies and withdrawals from conflict zones are not among them. But China, Inc. persevered. Chinese acquisitions have caused headaches in Western capitals before. Then came the 2008-2009 financial crisis, which presented another opportunity for Chinese businesses. They must also ask if national security is the only criterion for rejection. After declaring an end to U.S. support for the Saudi-led offensive, there is more the president can do. After the Grenadier deal Surge Energy, aka Shandong Xinchao, will control about 111,000 acres of oil-producing land in Texas. Editor’s note: The value of China’s overseas investment and construction combined since 2005 exceeds $2 trillion. Biden Sold Out America to China While Working for Hollywood. Foreign investors are not allowed to buy land in China. Twitter: @elisabethbraw. In an effort to cut out the middleman, foreign buyers are trying to circumvent the American farmer. Those Today’s investments and takeovers continue in that mode and are often part of China’s Made in China 2025 strategy, through which China plans to become a superpower in technology, manufacturing, and cybertechnology. As of December 2020, … • Cheryl Chumley can be reached at cchumley@washingtontimes.com or on Twitter, @ckchumley. As two of the world's largest economies, the U.S. and China have been involved in many trade disputes. That’s leading some to believe that China’s military, which has a track record for hacking, will use American companies as a window into U.S. markets -- and the government. China Global Investment Tracker. But that’s not enough. 'American Soil' Is Increasingly Foreign Owned The number of acres of U.S. farmland held by foreign-owned investors has doubled in the past two decades, raising alarm bells in farming communities. China’s Silent Takeover While America's Elite Slept - YouTube Government support makes it even easier for Chinese companies to buy foreign firms. Urban land is owned by the government whatsoever, therefore, you need to sign a land grant contract with the land administration department in the county where you plan to lease land. As foreigners can’t buy land in Hong Kong, it would be surprising if you can buy land in mainland China. A Sioux Falls meatpacking plant was forced to close when it became the epicenter of … If a Chinese outfit offers a good price to an ailing Western maker of, say, advanced sewage technology, will the board turn it down as matter of patriotic duty? At the moment, nothing is more urgent than the medical care of coronavirus victims. The Russian leader is contemplating his mortality—as are his backers. “That only means that high-profile businesses are examined, not the smaller players who may be even more relevant.”, As for the EU, Sven-Christer Nilsson, a former CEO of the Swedish telecommunications giant Ericsson, told Foreign Policy that “it absolutely has to establish a CFIUS, as do the individual member states. China Isn’t Helping Italy. Biden: "There is no question that you've got the right guy with the right influence." China bought $186 billion of U.S. goods and services in 2017. 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