Beijing April 26 news analysis article published by foreign media, said American companies once regarded as cheap labor in China to provide the venue and the huge market potential, but is now a huge body Chuaizhuo cash have Chinese state-owned and private enterprises started buying up the U.S. to complete his American dream. Among them, it includes many investments in the Silicon Valley Chinese investors.
The following is a summary of the article:
U.S. companies have to provide cheap labor in China as a place; recently, they cast China as a potential huge market. Now, the body Chuaizhuo large amount of cash the state-owned and private enterprises in China have started buying up the U.S. to complete his American dream.
Chinese tourists are flocking to the major casinos in Las Vegas and Manhattan's high-end shops, Chinese businessmen are also putting money into the theater from the White House (White House Theatre), to all areas of the new office in Silicon Valley.
China's technology industry investors eager to set foot in the United States the current talent and technology market. Sometimes, they even during the economic recession will purchase a number of innovative enterprises super price. There are many Chinese companies want to enter the U.S. market, because this is a key step in a global company. China currently has 2.4 trillion foreign exchange reserves, China's state-owned enterprises in the hands are holding cash. Chinese media reported that the global economic recession last year, China's foreign direct investment grew 6.5%, to 43.3 billion U.S. dollars. 2010, China's foreign direct investment will grow to 60 billion U.S. dollars.
China's global trade long-term follow Heritage Foundation Senior Fellow 德里克西泽 Williams (Derek Scissors) is expected, in addition to Treasury investment, the Chinese investment in the U.S. last year reached at least 64 billion dollars. Xize Si said, "China has huge cash reserves, while the United States all are worth their investment. Chinese people will not mind buying the issue, which did not make any difference to them." Xize Si said he only amount more than 100 million U.S. dollars in investment track, it can not be precise about the specific investment in China to the United States the amount of investment, particularly in Silicon Valley this is the case.
Investment in Silicon Valley
Lenovo 2005 for USD 1.75 billion acquisition of IBM PC business, the private and state-owned Chinese companies, the current one after another in Silicon Valley launched a takeover. Deloitte & Touche partner Lily Chung (Lilly Chung) said, "We asked the Chinese company, your goal is what you here is the acquisition of talent, technology or assets? Their answer is, we do not know. They assets look very cheap. This is an opportunity. We first acquired and then decide how to deal with. "
In Silicon Valley, Chinese companies not only buying up innovative companies, start-up companies also recruit engineers and staff. These companies included Vimicro, Huawei Technologies, China Unicom, Tencent and Alibaba. Bill Huang, general manager of China Mobile Research Institute, said, "For us, this is a strategy. We have to exist in Silicon Valley. There is a saying: If you have ideas, then please go to Silicon Valley; If you want talent, then please go to Silicon Valley . If you have enough of paying the money want to make more money, then please go to Silicon Valley. "Silicon Valley of China Mobile last year opened an office in Milpitas area, and began to recruit wireless and Internet technologies in Silicon Valley elite.
Of course, the Chinese companies in the U.S. technology industry to be soft in many mergers and acquisitions. Huawei 3Com two years ago had attempted to inject 600 million U.S. dollars, but the stricken U.S. government opposition, the company eventually abandoned the idea of investment in 3Com. However, the U.S. government to block, and not slow down China's investment in the U.S. market. This year in January, Shanda acquired the U.S. distribution and built-in web game advertising platform MochiMedia, acquired 80 million U.S. dollars the total amount.
If the yuan-dollar exchange rate continued to rise, the U.S. assets of China's companies, will be more on the cheap. H & Q Asia Pacific Investment Company founder Ta-Lin Hsu (Ta-Lin Hsu) have said, "The Chinese are coming."