No-one is giving. Europe is selling; China is buying. Anyone remember the same panic with Japan in the US in the 80s?
"Starting with a relative trickle at the beginning of that decade, Japanese corporations went on an epic buying spree in America during the latter half of the decade after both countries agreed to revalue their currencies. The trend became so widespread that the "Japanese takeover" theme began seeping into American culture..."
"How Japan almost took over the United States in the 1980’s."
"China" is not buying real estate. Chinese nationals looking for a good investment/escape hatch are buying.
A better comment would be China is buying up most of Africa. By this i mean they outright own a ton of resources from mining to forestry and exporting it out if Africa. The problem us the African governments profiting but local employment taking a huge dive as chinese companies ship in their own cheap labour. Yes, as per the article they are investing 9 times more in Europe but dont assume thats in assests. Thats simply the fact that Africa is cheap to "buy".
Removed for R2
Cant say i could.. was born in the 90’.
Maybe its just me but i feel like Japan back then was a lil’ less shady then these chinese pseudo-government controlled companies basically buying themself into power in Europe.
Japan has been a reasonably functioning democracy. That's the difference. With Europe, if worse comes to worst they can nationalize Chinese assets, which is the argument that was made against the panic in the US in the 80s.
But unlike Japan, China can do something about that.
Can you cite a source
added; thank you
There was a movie about it.
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