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Thread: China to buy GM and Chrysler?
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[quote=WCTMAN,338785]A few years ago, China tried to buy their way into the oil business with the purchase of Unocal. The shock and indignation of the American public was deafening, and forced the Chinese and Unocal negotiators to break off talks. I think we can expect much the same with the automakers; the American's would sooner 1) bail them out or 2) let them go under before seeing the Chinese buy them.[/quote]
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