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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (54645)10/21/2004 8:30:05 PM
From: Seeker of Truth  Read Replies (2) | Respond to of 74559
 
How would I feel if somebody came along and bought my gleefully owned OST.UN? I'd be sorry, of course, but that's capitalism. The highest bidder gets it. As far as I know the investment policy in China is quite different from 15 years ago, when China still did not welcome foreign investment. Now, I hear that foreigners can buy the sites, hire the workers etc. etc. everybody in Japan and lots of Canadians are getting into the act.
Now about the Chinese constitution, that's a piece of paper of course. If we insist that only democracies can buy our resources then we may soon have to ban US investment etc. too complicated.