Chinese Automakers may buy GM and Chrysler
http://www.agoracosmopolitan.com/hom.../19/02867.html
"At current market valuations (GM is worth less than Mattel) the Chinese government can afford to buy GM with petty cash. Even a hundred billion $ would barely dent China’s more than $2t in currency reserves. For nobody in the world would buying GM and (while they are at it) Chrysler make more sense than for the Chinese. Overlap? What overlap? They would gain instant access to the world’s markets with accepted brands, and proven technology."
Samuel Johnson - “An injustice anywhere is an injustice everywhere.” William Cooper "listen to everything, read everything, and believe nothing unless you can prove it in your own research!"
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