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Author Topic: China Wants to Buy Europe  (Read 4304 times)

Mackin USA

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China Wants to Buy Europe
« on: March 24, 2015, 11:39:23 AM »
Chinese buyers acquired Volvo in Sweden, a large stake in Peugeot Citroen and fashion house Sonya Rykiel in France, the Piraeus Port in Greece, Pizza Express restaurants and the upscale clothing maker Aquascutum in the U.K.

http://www.bloombergview.com/articles/2015-03-23/china-wants-to-buy-europe?cmpid=yhoo

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Mr. Mackin

littleman

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Re: China Wants to Buy Europe
« Reply #1 on: March 24, 2015, 03:41:30 PM »
This reminds me a lot of Japan in the 80s.  China is going to bust eventually, they are too over capacity.
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Mackin USA

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Re: China Wants to Buy Europe
« Reply #2 on: March 24, 2015, 05:05:29 PM »
Exactly LM

I made a lot of money selling office buildings to the crowd from Tokyo in the late 80's

Japan went under and STILL has not recovered.

The Lone Cypress Company. Isutani was investigated by the FBI in the early 1990s for money laundering.
Isutani's $341M loss taken on the sale of Pebble Beach was cited as an example of stupid Real Estate Investments.

Europe should sell high and then by low.

In 1999 the Pebble Beach Company was acquired from Cypress by an investor group led by Clint Eastwood, Arnold Palmer, and Peter Ueberroth.
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Mr. Mackin

bill

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Re: China Wants to Buy Europe
« Reply #3 on: March 25, 2015, 04:12:32 AM »
The Chinese are buying up ski resorts and other vacation real estate in Japan. They tried buying timber and water supply areas as well, but the Japanese quickly enacted laws to prevent foreign ownership of such resources. It's hard to block them in other areas though.
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Mackin USA

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Re: China Wants to Buy Europe
« Reply #4 on: March 25, 2015, 02:36:29 PM »
 A Chinese company’s proposed redevelopment of Crystal Palace in London is seen in this illustration. Photo: via Bloomberg

Not so nice in Detroit!

IMHO, London is a better investment than Detroit  ;D ::) ;D

http://www.wsj.com/articles/chinese-developer-finds-rough-road-in-motor-city-1427211170?mod=e2fb
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Mr. Mackin

grnidone

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Re: China Wants to Buy Europe
« Reply #5 on: March 25, 2015, 10:01:12 PM »
They've made huge investments in the natural resources of Africa as well...
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DogBoy

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Re: China Wants to Buy Europe
« Reply #6 on: March 26, 2015, 10:54:35 AM »
In the metal mines in Africa, in particular.
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buckworks

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Re: China Wants to Buy Europe
« Reply #7 on: March 26, 2015, 11:11:13 PM »
It makes good sense for the Chinese to be buying resources all over the place.

I'm not so sure how wise it is for the rest of us to be selling ...
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