Adam Maguire

Molly Tea was only founded five years ago in China, now has branches in the US, Canada, England and Austria.

And that's ignoring then some of the American and European brands that people will know, but they're actually now Chinese owned.

So, for example, Volvo, still headquartered in Sweden, but it's actually owned by China's Geely for more than 16 years now.

The supposedly British carmaker MG is actually owned by Shanghai Automotive Industry Corporation or SAIC Motors.

Haier is a Chinese appliance company that people might see in shops now, but they also own brands people are more familiar with.

Hoover and Candy, for example, are owned by a Chinese company now.

Meanwhile, I mentioned Anta, that footwear company.

At the start of the year, they bought a more than 29% stake in Puma, which at one stage was one of the big European players in sportswear.

Now a minority shareholding is Chinese now company.