China Owns A Shocking List Of 'American' Created Companies - Between Tens Of Billions In Farm Land And China-Bought Businesses In The U.S., We Have To Wonder Who Owns America?

By Susan Duclos - All News PipeLine

In the past we have discussed how foreign nations and/or investors have been gobbling up American land, much of which has been farmland, and most Americans would be surprised to know that no less than 50 different countries own land in America.

From the Philippines to Saudi Arabia to China, some owning a few million of dollars worth with others owning billions and billions of dollars worth.

Readers can click this link and scroll through the countries, starting #50, going back to #1, to see the acreage and dollar amounts for each country.

While Canada is the biggest foreign owner of U.S. agricultural and timber land, and the Netherlands takes the second spot, the national security threat is China.

Via the Federalist in July 2022:

Buyers from the People’s Republic of China purchased $6.1 billion in real estate last year, the most of any foreign buyer. Many of these purchases over the past few years have been of farmland or ranchland near U.S. military bases. 

Related: China is buying billions in US farmland and lawmakers are scrambling to try to stop them

AMERICAN OWNED? NOT SO FAST................

What may be even more surprising is the amount of "American" companies that are no longer American.

Much has been written about companies outsourcing manufacturing to other countries like Mexico and China, but what is discussed less often is how many household names, created in America, are now owned by other countries, with a significant amount of them, like farmland, owned by China.

In researching this piece there were a number of random articles acknowledging businesses that were bought out by foreign entities, some highlighting 11 household brands, and others claiming 30.

The number is far higher than we have seen previously reported.

 As with the agricultural lands, a number of businesses were bought by nations we consider allies, with a significant number now owned by china and other nations that post national security threats to America.

Owning these companies in and of itself isn't a threat, but knowing that consumers often want to "buy American," whether companies owned by the U.S. or where products are made in the U.S., to show support, we find it harder than most would believe to do so after seeing the list.

Some are believed to be owned by China, but in reality they are in partnership with Chinese companies, such as General Motors, so those I will be excluding as we are focusing on companies most Americans believe are U.S. owned, but in reality are 9owned by China.

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Below is a list of American created companies owned by China now. 

China:

Dirt Devil: In 2003 Royal Appliance Mfg. Co. was sold to Techtronic Industries of Hong Kong, and the corporate legal name is now TTI Floor Care North America. TTI also owns Oreck, Hoover, Vax, and other vacuum cleaner brands. (Source)

TTI was founded in 1985 and listed on the Stock Exchange of Hong Kong in 1990, TTI is included in the Hang Seng Index as one of their constituent stocks.

Ironman Triathlon:  It was reported in 2015 that "Dalian Wanda Group Co., Ltd. ("Wanda"), one of the leading Chinese private conglomerates, has reached an agreement to acquire 100 percent of the World Triathlon Corporation for $650 million. The acquisition by Wanda heralds yet another landmark investment in the sports sector following Infront Sports & Media and Atletico Madrid." (Source)

Legendary Entertainment Group: Dalian Wanda Group Buys Legendary Entertainment For $3.5 Billion, marking the first Chinese acquisition of a major U.S. film company. (Source): See corporate information above.

Starplex Cinemas: Bought by Dalian Wanda Group Corp Ltd in 2015. (Source)

Forbes Media: In 2014 it was reported that "Forbes Media sold to Integrated Whale Media Investments." Integrated Whale Media Investments (IWM) is based in Hong Kong and consists of a group of international investors. It is led by Integrated Asset Management (Asia) Ltd. (IAM).

Hong Kong-based IAM was founded by Tak Cheung Yam. It is an investment firm specializing in public and private equity investments, with expertise in technology, finance and telecommunications. (Source)

General Electric: In 2016 Haier put out a news release titled "Haier and General Electric Sign Final Agreement, Putting the Stamp on Haier’s Acquisition of GE Appliances." Haier Group of China and General Electric Company today announced the signing of closing documents putting the final stamp on Haier’s acquisition of GE Appliances from General Electric. The signing marks the beginning of GE Appliances being part of Qingdao Haier. 

The Waldorf Astoria Hotel: New York's iconic Waldorf Astoria hotel has been sold by Hilton Worldwide to Chinese firm Anbang Insurance Group for $1.95bn. (Source)

Strategic Hotels and Resorts: In 2016 it was reported: "China’s Anbang Insurance Group Buys Strategic Hotels & Resorts for $6.5B." (Source)

Motorola: In 2014 Lenovo Completes Acquisition of Motorola Mobility from Google. (Source) Lenovo Group Limited, often shortened to Lenovo is a Chinese multinational technology company specializing in designing, manufacturing, and marketing consumer electronics, personal computers, software, business solutions, and related services. (Source)

IBM (PC Division): Also owned by Lenovo. (Source) See corporate information above.

Spotify: In 2017 it was reported that Music streaming company Spotify and the music arm of China’s Tencent Holdings Ltd will buy minority stakes in each other’s businesses, the companies said in a statement. (Source)

Ingram Micro: In 2016 Ingram Micro announced the closing of the $6 billion acquisition by Tianjin Tianhai Investment Company, set in motion in February. Ingram Micro is officially a part of the HNA Group. (Source)

WeWork: In 2016 it was reported that China’s Legend Holdings embraces ‘shared economy’ with investment in WeWork. (Source)

Smithfield Foods: Known as America's largest pork producer, was founded in Virginia in 1936, and its pork products are ubiquitous in U.S. supermarkets, but the company was actually bought by WH Group, formerly known as Shuanghui International, for $4.7 billion in 2013. (Source)

Segway Inc: On April 1, 2015, Segway was acquired by Ninebot Inc., a Beijing -based transportation robotics startup that had raised $80M USD from Xiaomi and Sequoia Capital. (Source)

OmniVision Technologies Inc: In 2015 OmniVision had officially entered into a definitive agreement to be acquired by a consortium composed of Hua Capital Management Co., Ltd., CITIC Capital Holdings Limited, and GoldStone Investment Co., Ltd. (Source)

Brookstone Inc: In June 2014, Brookstone was purchased by the Chinese investment firm, Sailing Capital, and Chinese conglomerate, Sanpower, for more than $173 million. The company emerged from bankruptcy in July 2014. (Source)

Dairy Farmers of America Inc: In 2013 Inner Mongolia Yili Industrial Group — China's second-largest dairy producer by revenue — has signed a strategic cooperation agreement with Dairy Farmers of America Inc, news website Netease.com reported. (Source)

The Cleveland Cavaliers: In 2009 the NYT reported Cavaliers Agree to Sell Stake to Chinese Investment Group. (Source)

Uber Technologies Inc: In 2014 Chinese search engine giant Baidu Inc acquired a minority stake in the U.S. taxi-hailing service Uber Technologies. (Source ) In 2016 Chinese search engine giant Baidu Inc (ADR) (NASDAQ:BIDU) has acquired a minority stake in the U.S. taxi-hailing service Uber Technologies. (Source)

Baby Trend Inc: In 2016 The Alpha Group Co. Ltd. has invested $94 million to acquire Baby Trend Inc., a worldwide manufacturer of juvenile products. The acquisition marks Alpha’s entry into the infant category in North America, catalyzing the global development plan for Alpha’s juvenile business. (Source)

Alpha Group is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed name from Alpha Animation (Source)

University of Texas MD Anderson Cancer Center: In 2012 "Concord Medical Acquired Ownership Interest in MD Anderson Cancer Center Proton Therapy Center." Concord Medical Services Holdings Limited ("Concord Medical," or the "Company") (NYSE: CCM), a leading specialty hospital management solution provider and operator of the largest network of radiotherapy and diagnostic imaging centers in China, today announced the signing of a definitive agreement under which it will acquire 19.98% of indirect ownership of The University of Texas MD Anderson Cancer Center Proton Therapy Center (MD Anderson Proton Therapy Center), achieved through acquiring a minority interest in the general partner and facility manager. (Source)

California Grapes International Inc: In 2011 China Food Services, Corp. (OTC: GDHI) and California Grapes International, Inc. announces that both companies have entered into a definitive merger agreement to springboard the new company to be China’s largest exclusive California Wine sales and distribution source. (Source)

Other companies, such Hasbro (Monopoly, G.I Joe, etc...), Barbie, Mattel, Craftsman tools, Schwinn, Rawlings, American Eagle Outfitters, just to name some, manufacture products in China.

Dozens of other so-called "American" companies are owned by different countries including, Germany, England, France and more.

BOTTOM LINE 

The national security threat to America posed by China cannot be overstated. If they shut down the food plants they own, the farmland, our food supply would take a serious hit. If they stop manufacturing products for "American" companies, and shut down all businesses that were previously owned by America but are not owned by China, Americans would be hard pressed to fi9nd everyday household items.

Add in the land they have bought close to military facilities and we are looking at a nation, one that sides with many countries hostile to America, that could literally destroy us without a bullet or missile fired.

So, who really owns America?

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Thank you and God Bless. Susan and Stefan.

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