Monday, August 18, 2014

China's economic invasion!!

In the future China will employ millions of American workers and dominate
thousands of small communities allover the United States.

Chinese acquisition of U.S. businesses set a new all-time record last
year, and it is on pace to shatter that record this year.

 The Smithfield Foods acquisition is an example.  Smithfield Foods is the
 largest pork producer and processor in the world.  It has facilities in 26
 U.S. States and it employs tens of thousands of Americans.  It directly
 owns 460 farms and has contracts with approximately 2,100 others.
 But now, a Chinese company has bought it for $4.7 billion, and that means
 that the Chinese will now be the most important employer in dozens of rural
 Communities all over America.

 Thanks in part to our massively bloated trade deficit with China, the
 Chinese have trillions of dollars to spend. They are only just starting to
 exercise their economic muscle.

 It is important to keep in mind that there is often not much of a
 difference between “the Chinese government” and “Chinese corporations”. In
 2011, 43 percent of all profits in China were produced by companies where
 the Chinese government had a controlling interest in.

 Last year a Chinese company spent $2.6 billion to purchase AMC
 entertainment – one of the largest movie theater chains in the United
 States . Now that Chinese company controls more movie ticket sales than
 anyone else in the world.

 But China is not just relying on acquisitions to expand its economic power.
“Economic beachheads” are being established all over America . For example,
 Golden Dragon Precise Copper Tube Group, Inc. recently broke ground on a
 $100 million plant in Thomasville , Alabama. Many of the residents of
 Thomasville, Alabama will be glad to have jobs, but it will also become
 yet another community that will now be heavily dependent on communist China

 Are you starting to get the picture? China is on the rise. If you doubt
 this, just read the following:

 And guess where else Chinese companies are putting down roots? Detroit.
 Chinese-owned companies are investing in American businesses and new
 vehicle technology, selling everything from seat belts to shock absorbers
 in retail stores, and hiring experienced engineers and designers in an
 effort to soak up the talent and expertise of domestic automakers and their
 suppliers. If you recently purchased an “American-made” vehicle, there is a
 really good chance that it has a number of Chinese parts in it. Industry
 analysts are hard-pressed to put a number on the Chinese suppliers
 operating in The United States.

 China seems particularly interested in acquiring energy resources in the
 United States. For example, China is actually mining for coal in the
 mountains of Tennessee . Guizhou Gouchuang Energy Holdings Group spent 616
 million dollars to acquire Triple H Coal Jacksboro, Tenne ssee . At
 the time, that acquisition really didn’t make much news, but now a group of
 conservatives in Tennessee is trying to stop the Chinese from blowing up
 their mountains and taking their coal.

 And pretty soon China may want to build entire cities in the United States
 just like they have been doing in other countries. Right now China is
 actually building a city larger than Manhattan just outside Minsk , the
 capital of Belarus .

 # When you total up all imports and exports, China is now the number one
 trading nation on the entire planet.
 # Overall, the U.S. has run a trade deficit with China over the past decade
 that comes to more than 2.3 trillion dollars.
 # China has more foreign currency reserves than anyone else on the planet.
 # China now has the largest new car market in the entire world.
 # China now produces more than twice as many automobiles as the United
 States does. After being bailed out by U.S. taxpayers, GM is involved in 11
 joint ventures with Chinese companies.
 # China is the number one gold producer in the world.
 # The uniforms for the U.S. Olympic team were made in China .
 # 85% of all artificial Christmas trees the world over are made in China .
 # The new World Trade Center tower in New York is going to include glass
 imported from China .
 # China now consumes more energ y than the United States does.
 # China is now in aggregate the leading manufacturer of goods in the entire
 # China uses more cement than the rest of the world combined.
 # China is now the number one producer of wind and solar power on the
 entire globe.
 # China produces 3 times as much coal and 11 times as much steel as the
 United States does.
 # China produces more than 90 percent of the global supply of rare earth
 # China is now the number one supplier of components that are critical to
 the operation of any national defense system.
 # In published scientific research articles China is expected to become
 number one in the world very shortly.

 And what we have seen so far may just be the tip of the iceberg. For now, I
 will just leave you with one piece of advice - learn to speak Chinese. You
 are going to need it !

Sent by Jimmy Keir.

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