Nickname: Pranav Kale

Review: Agreed that the Indian retail sector is not open to foreign investors. But, what about airlines in America? Why are foreigners not allowed to buy U.S. airlines? Every country has some restrictions on foreign investments. China allows only 25% foreign investment in banks, but India allows 74%. Wachovia, JP Morgan, Bank of America where are you?

Date reviewed: Jul 21, 2006 3:51 AM

Nickname: Andy

Review: Sure, India is "friendly" to foreign investors. That's why foreign investment in India is so far behind China. And how many Wal-Marts in India? Zero? One?

Date reviewed: Jul 18, 2006 3:24 PM

Nickname: uccblw

Review: I don't think so. On one hand,most Chinese are willing to buy products made by the other countries; on the other hand, they believe that the way foreign companies govern is rational and scientific.

Date reviewed: Jul 13, 2006 3:21 PM

Nickname: India is the Best

Review: India is more friendly to foreign investors than China. In 2006, Holcim acquired ACC and Gujarat Ambuja giving it control of 25% of India's 140M cement industry. Vodafone acquired 10% ofBharti Airtel, India largest GSM operator with 25M customers. Singtel already owns 35% of Bharti. Oracle acquired I-Flex, a software products company for $900M. In all these cases, there was no "issue" with foreign control.

Date reviewed: Jul 13, 2006 10:42 AM

Nickname: Pranav Kale

Review: China's communist leaders want to have their cake and eat it too. They want foreign capital to clean up their sick state-run banks, but want to prevent takeovers of other companies. If CNOOC can bid for Unocal, then Carlyle can also bid for Chinese companies.

Date reviewed: Jul 13, 2006 9:40 AM

Nickname: clearhead

Review: It is true that Chinese industries, especially the car industry, can't get the core technology after foreign investors take over. Don't depend on foreigners, think about our own technology.

Date reviewed: Jul 10, 2006 11:47 AM

Nickname: r-squared

Review: Great PR move by Xiang Wenbo! Got a free commerical on BusinesWeek simply by blogging! He's really smart!

Date reviewed: Jul 10, 2006 12:26 AM

Nickname: Vinod

Review: Soon a similar kind of wave may start flowing in India also. But with the vast differences amoung the Indians, they may prefer foreigners taking over their business than another state's company taking our the trade.

Date reviewed: Jul 9, 2006 9:46 AM

Nickname: zw

Review: To keep opening up China's economy, foreign takeover is unavoidable. There is nothing to complain about. We should face it and deal with it!

Date reviewed: Jul 7, 2006 2:30 PM

Nickname: ges

Review: I'm curious, when Japan was feared by the US in the 80s, buying up land and assets, did the US take any actions to thwart such activity?

Date reviewed: Jul 7, 2006 2:07 PM