China: A Revolt Against Foreign Takeovers

Chinese bloggers and businessmen are putting pressure on Beijing to crack down

Xiang Wenbo is on the warpath. He's angry at the number of Chinese companies falling into foreign hands, and he's using the bully pulpit of the Internet to share his opinions with the rest of China. ``We are selling our signature enterprises to foreigners,'' Xiang wrote on his blog on June 23. ``Are we losing our minds?''

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