Tag: blacklisted

Canada Rejects China’s Aecon Corp Takeover, China is Angry

This plays out exactly the same in many countries, so one should not be at all surprised. A Chinese company wants to buy a foreign company, the foreign government blocks the sale, Chinese Government gets upset, calls the blocking racially motivated and implements trade sanctions on the foreign country. There are many cases in many different countries that I see this as one from China’s economic trade playbook.