A
Chinese Group Plans To Construct A 200 Acre
"China City" In Michigan
http://endoftheamericandream.com
http://albertpeia.com/chinamerica.htm
‘A Chinese group known as "Sino-Michigan
Properties LLC" has bought up 200 acres of land near the town of
The
town of
A
group of mainland Chinese known as Sino-Michigan Properties LLC paid $1.9
million for 200 acres of farmland on
Unfortunately,
the goal does not appear to be to integrate this new "city" into the
existing community in and around
Rather,
it appears that all of the new housing will be sold to people coming over from
In
essence, we would be looking at a new Chinese city right in the middle of
Doug
Smith, senior vice president for business and community development for the
Michigan Economic Development Corp., recently said the following about what the Chinese
group plans to do....
"It’s
a group that wants to build a
Milan
is not far from the University of Michigan in Ann Arbor, which is a very
popular destination for Chinese students. Apparently that is one reason
why
This
new project would be a Chinese community built by Chinese and specifically
designed for Chinese.
But
isn't this supposed to be
Fortunately,
the project does not have final approval yet. It still must be approved
by the two townships outside of
For
some reason, the Chinese seem to be particularly interested in this area of the
country.
For
example, a different Chinese investment group has been busy buying up chunks of
real estate over in nearby
Dashing
Pacific Group Ltd., which has already purchased the nearby Docks restaurant
complex for $2.15 million, put its $3.8 million offer to buy the southern 69
acres at the Marina District in East Toledo back on the table for approval by
Toledo City Council. Additionally, Dashing Pacific Chairman Yuan Xiaohong, in a letter signed in
So
should we be alarmed that the Chinese are buying up pieces of
Well,
if they simply wanted to enjoy living in
But
it is another thing altogether to start dropping slices of communist
In a
previous article entitled "China
Wants To Construct A 50 Square Mile Self-Sustaining City
South Of Boise, Idaho", I discussed a potential deal that Sinomach (a company controlled by the Chinese government)
was exploring with the government of
A
Chinese national company is interested in developing a 10,000- to 30,000-acre
technology zone for industry, retail centers and homes south of the
There
was talk that this "technology zone" would be modeled after the
"special economic zones" that have been developed in
Fortunately
that deal appears to have stalled, but other mammoth deals have been moving
forward in other parts of the country.
For
example, the Chinese have been very busy gobbling up oil and gas fields.
The following is a quote from a local Texas
news source about a deal that a company owned by the Chinese government did
with
State-owned Chinese energy giant CNOOC is buying a
multibillion-dollar stake in 600,000 acres of South Texas oil and gas fields,
potentially testing the political waters for further expansion into
With
the announcement Monday that it would pay up to $2.2 billion for a one-third
stake in Chesapeake Energy assets, CNOOC lays claim to a share of properties
that eventually could produce up to half a million barrels a day of
oil equivalent.
You
can read more about that particular deal right here.
So is
it really a good idea to be allowing the Chinese to buy up our precious energy
resources?
The
answer to that question is obvious.
Sadly,
the examples noted above are not isolated incidents. The truth is that
the Chinese have been snapping up real estate and business assets all over
According
to a recent report in the New York Times, investors from
So
get ready - the Chinese are buying up
So
what will the long-term consequences be of allowing a communist superpower to
buy up large sections of
That
is a very good question.’
