It is Syngenta AG, and what is important about that, is that Syngenta was one of the world leading agricultural companies in that technology they had, and it was very big company. It was one of those gigantic farm companies, competing with those big American farming companies, like Monsanto.
It was a Swiss company, and the Chinese made a takeover bid, and bought it a couple of decades ago. Such a deal would not happen today.
So, Syngenta is owned by Chinese interest, but Syngenta is still kind of like a foreign company. When someone acquires a big company, they do not replace them with their own people. That is impossible. The company continues as is.
Look at what Elon Musk did when he acquired Twitter. He did not bring in his own people to replace everybody, that was impossible. He only fired the redundant workers.
Why the Chinese want to buy such big important companies in the West, is the same reason everyone wants to do it. You want access.
Elon Musk bought Twitter because he wanted access to the digital realm and make Twitter a all in one app like WeChat, and from that he could achieve a synergy in all his business interest.
This is big business, that is what this is a all about.
If the rules change, then the rules change.
In summary, that is business.
If it was a bad idea to buy one of the world's leading farm companies 20 years ago, well, that is not true. That was a good deal for the Chinese.
If the rules change, then the rules change.
If they knew the rules will change 20 years later, they still would have no hesitation to make that same deal 20 years ago.