China and US on a bidding war on a bankrupt car batery company [Archive] - Glock Talk

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tongix
10-22-2012, 08:39
WOw, it appears the Chinese offered more and not getting the deal. Chinese are just buying everything on their sights, never heard anything like it before.

http://money.cnn.com/2012/10/19/news/companies/a123-bankruptcy/

mgs
10-22-2012, 09:00
That's because they have our cash!

clint curtis
10-22-2012, 09:14
Because the middle class sent all the jobs to China, they have all our money.

They send us junk, they buy our country.

Just wait, they will soon be buying our polititions.

Baba Louie
10-22-2012, 09:46
Just wait, they will soon be buying our polititions. Wait? Old news. See link, old but worth a quick look-see

http://www.chuckbaldwinlive.com/maier.html. . . . The FBI learned of a major Chinese espionage plot to influence the elections last year and launched an investigation. The ex-Russian agent says China's political leaders initiated the operation after meeting to discuss how best to penetrate the U.S. government. "It was a political group decision," the source observes.Can you say... Bill Clinton? (I know it was all Nixon's fault for opening the Dragon's gate 4 decades ago. Always a Republican at fault. Ask any Dem. They know.)

BigMoneyGrip
10-22-2012, 09:49
If we get the bid, we'll have to borrow the money from them.

427
10-22-2012, 10:48
They're playing chess, everybody else is playing checkers. They're buying everything because they know that eventually they'll control who gets what, how much and for what price.

tongix
10-22-2012, 11:36
They got so much cash in hand, oh my God. They offered almost half a billlion and the American side only offered less than one of that amount. They know Americans are in desperation to sell and will take the highest bidder. Millions to them is just like tens of thousands. They dont speak much but they speak in their money . Like what saying goes, Show me the money and you can have it. They are testing the American greed culture, this is so funny .....

Patchman
10-22-2012, 12:45
The ChiCom gov't is hungry for technology, especially energy related. Battery technology will only get better, and this bankrupt company has already done basic research and has a foundation to leapfrog into the next generation.

China, when compared to the West, spends very little (percentage wise) on development and research. They just steal developments/research/patents and manufacture these items using their one advantage, which is an educated, but cheap, labor.

tongix
10-22-2012, 13:40
Stealing but in the form of buying, is that the trend today?

Patchman
10-22-2012, 14:07
Stealing but in the form of buying, is that the trend today?

Stealing?

Or owning a company that owns the rights to certain patents/research?

:dunno:

uhlawpup
10-22-2012, 18:10
That's because they have our cash!


That's because YOU bought their phones and other products.

Happypuppy
10-22-2012, 19:15
Thanks to the fed flooding the market with tons of money, they are dumping the paper for the tangible.


Sent via Messenger Pigeon

tongix
10-22-2012, 20:24
The debate is putting China on the gunsight.