Credit Bubble: Chinese Companies Splurge on Buyouts

This is textbook credit bubble: too much money and not enough investments. Chinese companies with no experience in technology, such as chemical and poultry producers, are buying up online games, apps and media properties.

Read the whole thing.

Bloomberg: Why Did a Chinese Peroxide Company Pay $1 Billion for a Talking Cat?

Author: 罗臻 http://www.investinginchinesestocks.blogspot.com

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *