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Endangered freedom: Communist China is buying up American infrastructure, land and assets: check out these examples

By ethanh // 2022-11-01

There are very few companies left in the United States that actually produce products made here, in case you have not noticed. And even those companies that still appear to be based here are, in many cases, actually owned by communist China. Take General Electric (GE), for instance. This major household appliance company that has been around forever, originally based out of Louisville, Ky., was bought out by Haier, a Chinese corporation, back in 2016. Haier purchased GE for $5.4 billion, representing the largest acquisition of a foreign electronics business in China. GE is technically still headquartered in Louisville, but the company's true headquarters is now in Qingdao, China. AMC Theaters is another seemingly U.S.-based company that is now owned by China. In 2012, a Beijing-based entity called the Dalian Wanda Group bought out AMC in a $2.6 billion deal, transferring ownership of the company's more than 8,200 screens straight to the communists. Smithfield Foods, the world's largest pork producer, was snatched up by China's Shuanghui International in 2013 for $4.7 billion, which at the time was the biggest purchase of an American company by a Chinese firm (GE became the biggest in 2016). We also reported that General Motors (GM), America's largest vehicle manufacturing company, was purchased in part by the Shanghai Automotive Industry Corp. in 1998.

Eventually, China will try to take ownership of you and your family

In 2005, IBM's Personal Computer Division was handed over to a Chinese corporation called Lenovo, which bought the company for $1.25 billion. We are told that Lenovo poured a ton of cash into IBM following the purchase, as well as assumed about $500 million worth of net balance sheet liabilities for IBM. Spotify is another partially Chinese-owned company that tied the hitch with Tencent Holdings in 2017 as part of a mutual partnership. In exchange for breaking into the Chinese market with Tencent's help, Spotify added another notch onto Tencent's ever-expanding portfolio of American assets. For all the worship he is getting lately, Elon Musk is not exactly pursuing endeavors that are in the best interests of Americans. His Tesla behemoth is similarly held in sizeable stake by Tencent Holdings, which also partially owns the world's largest video game and social media companies. In part due to Tencent's investment, Musk has gone on to pursue other wild endeavors and pet projects such as SpaceX, which continue to enrich the multi-billionaire at the expense of American interests. Microsoft, which we all think of as the brainchild of Washington-based Bill Gates, is no longer an American company, at least not its phone business division. In 2016, Microsoft sold off its entry-level feature phone division to FIH Mobile Ltd., which generated $350 million in cash for the company. All 4,500 employees in the division were offered a transfer to the FIH team, which went in a new direction under Chinese leadership. Hilton Hotels is another formerly American business that was bought out by China's HNA Group, also in 2016. HNA is an aviation and shipping giant in China, and that year it took a 25 percent stake in Hilton for $6.5 billion, making it the company's second-largest shareholder. That same year, HNA also bought Carlson Hotels Inc., another hospitality chain that used to be American. Both Hilton and Carlson continue to bear the image of being American brands, but behind the scenes it is communist China pulling the strings. The taxi-like ridesharing service Uber received Chinese interest back in 2014 when internet search giant Baidu Inc. bought a sizeable $600 million stake in the company. Want to keep up with communist China's latest purchases of American property, infrastructure and assets? You can do so at Collapse.news. Sources for this article include: CNET.com Bloomberg.com PBS.org NaturalNews.com NBCNews.com TechCrunch.com CNBC.com Microsoft.com Reuters.com TechCrunch.com

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