Rekjalhew

December 15, 2006

America Grows Dependent on the Enemy. Nasdaq and NYSE to Open Offices in China.

by @ 10:47 am. Filed under Business

With Iran acting up, the business community has concerns about oil prices, because of the US buys some oil from enemies instead of pumping our own. This is one big reason why some never wish to deal with Iran forcefully, although that’s the only way their efforts to acquire nuclear weapons will be stopped. So what will happen as China, a communist nation builds up their military and US businesses become more dependent on them?

China and U.S. Agree to Allow Nasdaq, NYSE Offices in China - WSJ.com 12/15/2006

BEIJING — China and the U.S. agreed to allow the Nasdaq Stock Market and New York Stock Exchange to open formal business offices in China.

Dozens of Chinese companies have listed shares on Nasdaq and the New York Stock Exchange, which is owned by NYSE Group Inc. Both financial companies are eager to establish a greater foothold in China as the nation’s economy continues to boom.

Well you can look forward to China being able to get nukes too if they want them. Because like with Iran, American businesses will not want to lose a buck. It started with things like cheap socks from China and now it’s moved up to stocks.



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