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Chinese take over Rover, damn China!

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Old Jul 24, 2005 | 07:20 PM
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Haul'n the Family
 
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Default Chinese take over Rover, damn China!

A Chinese government run auto manufacturer bought out MG ROVER in England.
story here:
http://msnbc.msn.com/id/8669526/#storyContinued

This makes me sad. People are seemingly oblivious to what the Chinese are up to. They are buying major stakes in companies abroad and here in the US. It's an international crisis, but no one is doing anything about it.
They are going to have an even larger impact on out economy if this keeps happening.
Now they want to import cheap-ass, slave labor built, POS cars here in the states. They'll have the inroads in the UK now.

The Chinese tried to buy UNOCAL this past week but failed, they also are trying to buy appliance maker Maytag, Whirlpool is counteroffering currently.
F'n China. They suck.
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Old Jul 24, 2005 | 08:46 PM
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madpom
 
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there goes one of britain's last automaker
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Old Jul 24, 2005 | 09:07 PM
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well i'm happy the unocal fell threw. that one had me really worried.
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