During the last decade, the configuration of global economic power has experienced a gradual transformation, driven by the sustained increase in investments from China in the United States. Through Millionaire operationsChinese capitals have acquired control of relevant companies in strategic areas, which consolidates their weight within the US economy. This participation extends to sectors such as technology, hotel item and appliance manufacturing, with specific effects on the daily routine of millions of people in the country.
According to Work and Moneythese Chinese acquisitions in the US are not minor. They involve companies with decades of history, strategic assets and global projection. Through groups such as WH group, Haier, Lenovo, Avic or Tencent, China has extended its control over fundamental businesses for the functioning of the North American country, which has aroused questions in the midst of the commercial war and the imposition of new tariffs.
These 13 large US companies are already owned by China: meat, technology and more
One of the best known cases about the acquisition of American companies by China occurred in 2013, when Wh Group (former Shuanghui International) bought Smithfield Foodsthe largest pork producer in the world, for 4.7 billion dollars. The purchase included more than 60,000 hectares of agricultural lands in the US., Which generated concerns about food sovereignty.
In the technology sector, Lenovo acquired Motorola Mobility to Google for 2,910 million in 2014. Photo: expansion
In the technological sector, Lenovo acquired Motorola Mobility to Google for 2,910 million in 2014, while the Chinese group Haier bought GE Appliances in 2016 for 5.4 billion. Although both brands still operate in US territory, the Chinese control of these US companies is total.
They also highlight acquisitions such as Riot Games (Creator of League of Legends), now in the hands of the technological giant Tencentor purchases of Cirrus Aircraft, Henniges Automotivey Nexteerall absorbed by the Chinese state corporation Avic. In the real estate sector, HNA Group paid 2,210 million for skyscrapers 245 Park Avenue and Anbang Insurance Group acquired the Waldorf Astoria and Strategic Hotels for 6,500 million.
How China managed to change the “fact in the US.” and buy key companies?
The Chinese strategy was not based only on visible acquisitions. Through alliances, private funds and state corporations, China has managed to get companies that even many citizens perceive as “American.” In most cases, local production has been maintained, but strategic decisions are no longer taken on American soil.
These companies bought by China today operate under an expansion model that seeks to control markets outside Asia. Economist Paul Gillis declared in Financial Times that “China’s priority has been to acquire experience, technology and infrastructure through direct investment.” This has made the United States one of the main destinations of Chinese investment, even in sensitive sectors such as defense, technology and real estate.
