Skip to comments.China is flooding Silicon Valley with cash. Here’s what can go wrong. - The Washington Post
Posted on 08/05/2016 9:11:39 PM PDT by MarchonDC09122009
China is flooding Silicon Valley with cash. Heres what can go wrong. - The Washington Post
"Investment from China into Silicon Valley, excluding real estate, topped $6 BILLION by the end of the first half of 2016, with more than half of that spending taking place in the past 18 months, according to the Rhodium Group research firm. Investors have been spurred by Chinas growing wealth over the past decade and a government push to develop innovative technologies particularly in areas such as virtual reality and artificial intelligence, where China still lags."
(Excerpt) Read more at washingtonpost.com ...
Raping our technology ... or are they past that now and gaining control of our social media and Hollywood production companies?
You think $3 million for a small 1950s California ranch house is unsustainable? Scoffer! Check back in a year or two when it’s $4 million.
$160 billion trade deficit in the first half of 2016.
They have to put those dollars somewhere.
The question is what kind of investment is going on. Chinese institutions will invest to gain access to information and technology. Chinese individuals are investing to secure assets beyond the reach of the Chinese government.
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