in World News

List of US Companies Secretly Owned by China: Tesla, Microsoft, GM, Uber,…

By USAGAG

This is amazing list, some of these you will never think about. China is buying all America.

Some brands that you may think are quintessentially American are actually owned or overseen by Chinese investment conglomerates. It’s not always obvious until you see it yourself – even sports clubs have some interesting stakeholders.

America is home to many companies that are true titans of industry. From General Electric to General Motors, all of these thriving businesses help buoy the economy when it needs it – but even these giants need to get their money from somewhere.

Investments come from across the globe, but China is always looking to America to try and create fruitful partnerships. If that means saving a floundering brand, then so be it. Read on to find out which of Uncle Sam’s most influential companies are backed by some surprising businesses.

1. General Electric

Headquarters: Boston, Mass.
Bought By: Haier
Headquarters: Qingdao, China

General Electric may have started out as a relatively small brand when it was founded in 1892, but the company has grown exponentially since then. Now, GE has its fingers in a lot of pies, from aviation and healthcare to power and venture capital. It’s a titan.

Many Americans find the brand appealing because it has a “Made in America” stamp on its products, however, the company has been owned by Chinese company Haier since 2016. Haier bought GE for $5.4 billion, a recording breaking sum at that time. The products are still made in the USA, but the decisions are made in China.

It might come as a surprise to many considering just how long the company has been around. However, it just goes to show that when it comes to making money, it really doesn’t matter where the money comes from – as long as it’s coming.

full story at https://usagag.com/2020/11/22/list-of-us-companies-secretly-owned-by-china-tesla-microsoft-gm-uber/

Tags: , , , , , , , , , , , , ,