Posted AT 6:49 AM EDT on 23/10/04
So what if China goes on a buying spree?
When Japan was at the height of its economic power in the 1980s, the United States was scared. Japanese cars were clogging U.S. roads and Detroit was bleeding jobs. Japanese steel exports were turning the industrial states into rust belts. Then the Japanese went after the symbols of Americana itself.In 1989, Mitsubishi bought Rockefeller Plaza, perhaps the greatest American architectural icon.
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