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U.S. immigration officials are considering a proposal from Chinese investors to create a multibillion-dollar development in New York’s Catskills called "China City" -- raising concerns among critics about the potential cost to U.S. taxpayers and, according to one analyst, the possibility it could be a "stalking horse" for the Beijing government.
A spokesman from the U.S. Citizenship and Immigration Services told FoxNews.com that the proposal for Thompson, N.Y., has not been approved but is under consideration.
The mysterious proposed development appears to be a step beyond the types of ethnic enclaves scattered throughout U.S. cities, like the Chinatown sections of New York City or San Francisco. The 600-acre "China City of America" is located far outside New York City in upstate New York's wetlands and is a meticulously planned project, calling for family housing, a college and student residences, among other structures. In addition to needing federal approval, it would likely need a host of state and local permits before ground could be broken.
_Del_
I'm not sure what the big deal is. Remember in the 80's when the Japanese were "invading" America? What they were really doing was buying artificially highly priced real estate. Let them.
Side-note: Phoenix actually has a cultural center that is run by COFCO, which is owned by the Chinese government proper. To my knowledge it was funded entirely by the Chinese government and not by local taxpayers.
geobro
one word caught my attention in that article WETLANDS maybe it is for all the farms in canada or to cool the nuke plants they are going to build in the u.k .
could not make it up could you
SLAYER69
reply to post by SecretKnowledge
Why doesn't the US just sell them Detroit?
but all with a link to water ?? i hope the chinese banks are charging interest not like some countrys who lend money interest free on property in the u.k if you are of their religion and open 24/7
ItsEvolutionBaby
geobro
one word caught my attention in that article WETLANDS maybe it is for all the farms in canada or to cool the nuke plants they are going to build in the u.k .
could not make it up could you
I gotta run, so sorry, no time for links to support it, but they are buying farms in Canada - and businesses, and houses, and yes as well to buying houses and groups of houses site unseen.
every province in China would have an office there
_Del_
I'm not sure what the big deal is. Remember in the 80's when the Japanese were "invading" America? What they were really doing was buying artificially highly priced real estate. Let them.
Side-note: Phoenix actually has a cultural center that is run by COFCO, which is owned by the Chinese government proper. To my knowledge it was funded entirely by the Chinese government and not by local taxpayers.
redhorse[/i
Okay. You know... I think a measured response is warranted. But it is still just... weird. I'm not sure what to make of it.
MrSpad
Yeah we have seen this all happen before. And just like Japan, China will suffer an economic adjustment and they will sell all that stuff back to Americans for pennys on the dollar. Just like Japan did, the Chinese are running around buying up crap in the West because it does not faith in its own economic future.
dashen
its really weird though there's no jobs up here no prospects and they're going to build a city in the middle of the boonies?