The blogger, Nicholas P. Manganaro, is a licensed attorney and currently resides in Beijing. This blog serves as an occasional and non-commercial China-focused news aggregator. The views expressed by Mr. Manganaro do not necessarily reflect those of his employers, colleagues, or clients, nor should they be interpreted as legal advice or solicitation to provide legal services.
Tuesday, November 2, 2010
It's a Buyer's Market
China is no longer shy about its foreign policy, probably because it has never had more money to spend. China's strategy in Europe appears to be to scoop up distressed assets (especially in the transportation and logistics sector) while currying favor among cash-starved governments whose support would be beneficial in any currency battle with the United States.
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