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China the new world power.
The United States opened its banking market to China's biggest bank ICBC, for the first time clearing a takeover of a US bank by a Chinese state-controlled company.
Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East Asia. There you go folks. They took our manufacturing plants, now they start taking the banks. |
Re: China the new world power.
The Federal Reserve is not part of the US government.
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Re: China the new world power.
But they are the power behind our economics.
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Re: China the new world power.
ok, and they did buy it, albeit with your money...
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Re: China the new world power.
u.s. banks are probably in china. it's called free trade. a republican virtue.
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Re: China the new world power.
Apparently ... and a democrat virtue too.
What was it George Wallace said? There's not a dime's worth of difference between the two parties. |
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Re: China the new world power.
It's like I always said "My Chinese kung fu is superior to your cheap American kung fu!" -said using my best "dubbed speech" impression.
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Re: China the new world power.
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Lol
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