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New Era for Going Global

A recent post pointed to US$200 billion being invested abroad [1]by the state investment fund, but there is plenty of other money seeking an overseas home. The Hong Kong Trade Development Council updates the “going global [2]” story:

One noteworthy deal, highlighted by the Wall Street Journal involves a Chinese bank…in the US:

Could it be the sign of things to come, or will political sensitivities throw up barriers, as in the Unocal case [3]? Perhaps news of Huawei’s deal with 3Com will be instructive:

It is far from clear how that might work, or what those three board members will actually do – or what protectionist politicians in the US will make of it. We will, no doubt, see and hear more in due course.

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