China investing

China’s bid to scoop up Pacific Rim companies is meeting with some success. Since the current economic difficulties have started China has been one of the very few countries that finds itself with liquid assets. In order to capitalize on their position they have sought out companies that are in desperate need of cash flow. The majority of these companies are taking the investment money. Some countries such as Australia are resistant to China’s investment strategy. In Australia, China is beginning to see resistance and in some cases a reversal of previous acceptance of China’s money. Although China’s investment strategy has not yet reached the shores of the United States is it possible that China may be positioning for financial dominance of the Pacific Rim as Japan has tried in the past? China is no longer just a back-water country used by other countries as a source of cheap goods but is fast becoming an economic Capitalist giant and dominant player in the world market.