China buys Bellamy's. The FIRB approves another takeover by China. Another example that Australia has sold itself to China ?

4 Answers

Relevance
  • Anonymous
    8 months ago
    Favourite answer

    This is what Australia gets for voting in the left wing LNP.  They're not called liberals for nothing.

    • Commenter avatarLog in to reply to the answers
  • 8 months ago

    Japan was floating in cash during their economic bubble in the 1980s.  Japanese investors bought a number of institutions in the USA, such as a Hollywood movie studio and Rockefeller Center in NYC.  There was a fear the Japanese were "buying America".  

    If that was their intent - as opposed to simply making good investments - the Japanese quickly found out two things:

    1. They could not move properties like Rockefeller Center to Japan. 

    https://www.forbes.com/sites/antoinegara/2017/07/1...

    2.  The movie studio was more than a building and they did not understand how multi-faceted was + is the film business.  Them buying the studio did not result in successful films BECAUSE they did not know how to make movies.  

    Today, the Chinese are trying the same thing and the results will be the same. 

    • Commenter avatarLog in to reply to the answers
  • Bill
    Lv 6
    8 months ago

    just another nail in the liberal government

    Australians are up in arms about what is happening from your american bought and paid for prime minister

    • Commenter avatarLog in to reply to the answers
  • Anonymous
    8 months ago

    Australia is big only in surface area. Countries with small populations like that can't really stop this. If a company's worth buying, there will be buyers.

    • Aussie Battler
      Lv 7
      8 months agoReport

      Yes it will take fortitude but the alternative is a slow death. By a thousand cuts. 

    • Commenter avatarLog in to reply to the answers
Still have questions? Get answers by asking now.