ISRAEL TRUTH TIMES

A blog dedicated to investigating events as they occur in Judea and Samaria, in Israel and in the world, and as they relate to global powers and/or to the Israeli government, public figures, etc. It is dedicated to uncovering the truth behind the headlines; and in so doing, it strives to do its part in saving Judea and Samaria, and by extension, Israel and the Jewish People, from utter destruction at the hands of its many external and internal enemies.

Thursday, April 29, 2010

Interesting... a picture is worth a thousand words: how China is slowly buying up the world.

Tracking China’s Deals

  • April 27, 2010
While the rest of the world suffered through its worst financial crisis in a half century, China went shopping. Since 2005, China has made 185 deals worth $100 million or more, totaling more than $222 billion.
The largest of these deals was the $12.8 billion joint venture between Chalco and Alcoa made to purchase 12 percent of Rio Tinto back in 2008. This deal was struck in Australia which has been China’s most popular destination both in terms of quantity and dollar amount.
Indicative of the large future the Chinese government has in store for its country, the most popular sectors for these deals have been metals and energy, respectively.
Forbes just published an interesting interactive map based on data from the Heritage Foundation detailing these transactions.
China Deal Map 042710
As you view the presentation, pay special attention to how the pace picks up. By the second half of 2009, China is averaging more than seven $100 million deals a month.
You can check out the full interactive version at Forbes.com
By clicking the image or link, you will be directed to Forbes.com. U.S. Global Investors does not endorse all the information supplied by this website and is not responsible for its content. None of U.S. Global Investors family of funds held any of the securities mentioned in this article as of 3/31/10.

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