Chinese co just bid on FCA

wait - didn't our President just say yesterday that 100's of companies are FLOCKING back to this country!?? yea.. - he even pointed out that this huge influx of jobs was a major key toward finally fixing the tension in race relations - you know, because jobs is THE answer.... this report of the Chinese buying up "Chrysler" just can't be true.. I mean, he won't allow it - will he?