The war in China is getting heated. Both eBay, Yahoo, and Microsoft are spending ton’s of money to gain dominate position in China, but who is the real winner in all this. Definitely, not the American companies; China will not allow that to happen. Look at the possible deal with Alibaba; Yahoo is only allowed to obtain 35% stake in the company. I’m sure Yahoo would like to buy the whole company. In the end, Chinese companies will hold the control and the cash invested by the American company hostage.

This entry was posted on Tuesday, August 9th, 2005 at 6:55 am and is filed under Stock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.