The Chinese are about to embark on a shopping trip of epic proportions.
Hoping to take advantage of cheap prices on struggling American businesses, a group of 400 executives from state-owned and private Chinese companies will be visiting the US next month on the hunt for distressed assets.
Business sectors that are likely to get a look from the Chinese delegation include: automotive, petrochemical, energy, metal, media, furniture and consumer goods.
See the full story at the New York Post.
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