If a forreign firm buys a company. For example a Russian firm buys a British company. Is this good or bad or neutral for the British economy?
As I see it, the profits of the company will be going abroad so this seems bad.
Alternatively, there's nothing to say the people making profits if the company is British owned aren't spending their money abroad anyway.
Would it even matter if every British company was forreign owned?
If it doesn't matter. Why would the Chinese government be buying British firms? Surely to help their economy at the expense of the British economy? Yet, the British government seems to encourage this as "investment" in British industry. So who is getting the best deal here? Seems like Britain is getting a short term boost at the cost of long term profits.