China is buying U.S. businesses at a record pace - What will the implications be and will alarm bells ring?
"Chinese direct investment in the United States could hit a record high in 2012, according to a new research report released Wednesday.
Total Chinese foreign direct investment in the U.S. is on pace to reach at least $8 billion this year, according to the report from research firm Rhodium Group. "
China buying U.S. businesses is a necessary part of correcting global imbalances.