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We might already be in World War 3 - it’s just not what you thought it would look like - With Pippa Malmgren

The David McWilliams Podcast

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China's M&A Strategy

The shift of who's in charge here in the East, I think, will happen very quietly and very smoothly. And by the way, that means China can grow again, right? Because if they can't grow through innovation, they're out of options. So one way is you acquire new assets. These parts of the world are full of raw materials and assets. This has always happened when big companies learn out of options,. They always buy little companies. It's called the M&A strategy, right? That's what I've been calling it. It's China’s M/A strategy. Think about Google. What do we do? We buy up everything. Like Facebook

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