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Posted by PeterL on February 9, 2010, 2:05 am
> After Buying Spree, China Owns Stakes in Top U.S. Firms
> by David Barboza and Keith Bradsher
> Monday, February 8, 2010
>
> Flush with cash despite the global economic downturn, China's sovereign
> wealth fund quietly snapped up more than $9 billion worth of shares last
> year in some of the biggest American corporations, including Morgan
> Stanley, Bank of America and Citigroup.
>
> Although most of the stakes were small, China Investment Corp., the
> government's $300 billion investment fund, now owns stock in some of the
> best-known American brands, including Apple, Coca-Cola, Johnson &
> Johnson, Motorola and Visa.
>
> http://finance.yahoo.com/banking-budgeting/article/108790/after-buyin...
I own stocks in these companies too. Don't make me a major player in
them.
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