Let China Buy Us Out

An interesting article from The Economist. Unfortunately you need a subscription to read it, but the basic jist of it is that China should be allowed to buy the likes of Unocal, Maytag, etc., simply because they're willing to overpay. Parallels are then drawn between China's acquisitive actions and Japan's acquisition binge in the late 80's. Interesting in the light Unocal rejected China's bid.