Watch Out For China Buying Spree, NATO Warns

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Watch Out For China Buying Spree, NATO Warns
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NATO general tells member states not to be enticed to sell out to foreign firms as asset prices weaken due to the pandemic.

The pandemic has top officials on the security side of government warning that China might use this time to buy greater influence.Erik Brattberg, director of the Europe Program at the Carnegie Endowment for International Peace, was quoted saying inon Friday that China won't be granted easy access to critical infrastructure in Europe.

Huawei’s future is also up in the air here, and they could see themselves on the way out though so far the main restrictions have been on-again, off-again bans on U.S. hardware component makers like IntelOne area that may interest the Chinese here in the U.S. is the energy space. China is the world’s largest importer of oil. Companies like Chesapeake Energyare on the cusp of a meltdown. In better times, they would be a perfect target for China.

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