A Chinese Group Plans To Construct A 200 Acre
A Chinese group known as "Sino-Michigan Properties LLC" has bought up 200 acres of land near the town of Milan, Michigan. Their plan is to construct a "China City" with artificial lakes, a Chinese cultural center and hundreds of housing units for Chinese citizens. Essentially, it would be a little slice of communist China dropped right into the heartland of America. This "China City" would be located about 40 minutes from both Detroit and Toledo, and it would be marketed to Chinese business people that want to start businesses in the United States. Unfortunately, this is not just an isolated incident. In fact, Chinese companies have been buying up land and businesses all over the country in recent years. There has even been talk of establishing "special economic zones" inside the United States modeled after the Chinese city of Shenzhen. It was inevitable that the Chinese were going to do something with the trillions of dollars that they have made flooding our shores with cheap products. Now they are rapidly buying up pieces of America, and many of our politicians are welcoming them with open arms.
The town of Milan, Michigan is a small farming community of only about 6,000 people, but big changes are coming their way. The following is from a recent Dayton Daily News article about this new project....
A group of mainland Chinese known as Sino-Michigan Properties LLC paid $1.9 million for 200 acres of farmland on Milan city limits in purchases this year and in 2011, according to local officials and property records.
Unfortunately, the goal does not appear to be to integrate this new "city" into the existing community in and around Milan.
Rather, it appears that all of the new housing will be sold to people coming over from China. According to the Milan News Leader newspaper, the new housing units "would be marketed to Chinese business people who want to start companies in the United States".
In essence, we would be looking at a new Chinese city right in the middle of Michigan.
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 China city, starting with housing over there in Milan"
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 Milan was chosen.
This new project would be a Chinese community built by Chinese and specifically designed for Chinese.
But isn't this supposed to be America?
Fortunately, the project does not have final approval yet. It still must be approved by the two townships outside of Milan where the land is located.
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 Toledo, Ohio. The following is from an article in the Toledo Blade on May 26th, 2011....
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 Hangzhou, said the firm wants a two-year option to buy the decommissioned Toledo Edison power plant property on the site.
So should we be alarmed that the Chinese are buying up pieces of America?
Well, if they simply wanted to enjoy living in America and wanted to integrate into the wider community that would be one thing.
But it is another thing altogether to start dropping slices of communist China inside of U.S. territory.
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 Idaho. The following is a description of that potential project from an article in the Idaho Statesman....
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 Boise Airport.
There was talk that this "technology zone" would be modeled after the "special economic zones" that have been developed in China. The city of Shenzhen is perhaps the most famous example of this.
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 Chesapeake Energy down in Texas....
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 U.S. energy reserves.
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 America as a recent Forbes article explained....
According to a recent report in the New York Times, investors from China are “snapping up luxury apartments” and are planning to spend hundreds of millions of dollars on commercial and residential projects like Atlantic Yards in Brooklyn. Chinese companies also have signed major leases at the Empire State Building and at 1 World Trade Center, the report said.
So get ready - the Chinese are buying up U.S. land and they are moving in whether you like it or not.
So what will the long-term consequences be of allowing a communist superpower to buy up large sections of America?
That is a very good question.
Fed clears China's first US bank takeover
Yahoo ^ |Wednesday, May 09, 2012 6:33:39 PM · by GeorgeWashingtonsGhost · 18 replies
The United States on Wednesday opened its banking market to ICBC, China's biggest bank, for the first time clearing a takeover of a US bank by a Chinese state-controlled company. Just days after high-level US-China economic talks in Beijing, the Federal Reserve approved an application from Industrial and Commercial Bank of China to buy a majority stake in the US subsidiary of Bank of East Asia. The transaction will make ICBC the first Chinese state-controlled bank to acquire retail bank branches in the United States. ICBC has been the most aggressive of China's "big four" banks in expanding overseas. According...
China & the Other Central Banks Are Buying Gold-Ranting Andy Hoffman--09.May.2012
The Financial Survival Network ^ | 05/09/2012 | Kerry Lutz - Listen to the Interview Here - http://financialsurvivalnetwork.com/2012/05/the-people-have-spoken/
www.FinancialSurvivalNetwork.com presents: "Ranting" Andy Hoffman gives us the update on the latest precious metals slam down; the reasons to own gold and silver couldn't be stronger. If the prices stay down this low, don't be surprised to witness a major flood of buying. We're also getting into the Indian Wedding Season, which will result in increased demand along with massive sovereign central bank purchases. This is worse than 2008, and banks are blowing up all over Europe. Spain has just bailed out its third largest bank. Who's going to bail out Spain? Greece is planning to reneg on its debt....
World Affairs Brief
Both Republican and Democratic administrations have been supplying the Chinese with high technology weapons systems for years, knowing that they, in turn, are supplying other enemies (Iran, Iraq, Pakistan, North Korea) as well. Both Russia and China continue to protest against any US anti-ballistic missile system, even though such systems are purely defensive. It doesn't take a genius to understand that ABM systems only threaten someone who intends to launch ballistic missiles someday.
"The US supplying Chinese with US high tech weapons systems?”
Note: He went into personal details not shown here, of experiences when as a person holding security classification, in U.S. weapons development, how they were ordered to allow Chinese military officers go over the details of secret projects they were working on !!
Shocking News: China Sells Energy Pills Made From Baby Flesh
Customs officials in South Korea have uncovered a horrifying reality coming from China. Since last August, the Koreans have confiscated over 17,000 "energy pills" that were made from the dried flesh of babies. The rest of the nauseating details can be found HERE.
China is exporting pills made from dried and pulverized human baby flesh. [They are hyped as a medicinal cure-all.] DailyMail 2012 May 7 (Cached)
http://www.dailymail.co.uk/news/article-2140702/South-Korea-customs-officials-thousands-pills-filled-powdered-human-baby-flesh.html#ixzz1uDZvdZaW
Soy-Crop Bust Spurs China to Drain U.S. Bins: Commodities
China Has Hacked Our Electric Power Grid: Read About It In Screwed!
By DICK MORRIS - Published on DickMorris.com on May 10, 2012
In our new book Screwed!, we report that almost unnoticed and with no threat of retaliation, China has likely hacked into the United States electric grid, potentially giving it the ability to paralyze our economy and our nation by tapping a few keys on a computer. (This is an ad by Dick Morris for his book… but the book is well worth reading. He covers a lot of important topics in great detail that others are ignoring!)
Writing in the Wall Street Journal, Bush's anti-terrorism coordinator Richard Clarke reports that "in 2009, the control systems for the U.S. electric power grid [were] hacked and secret openings created so that the attacker could get back in with ease. One expert noted that the hackers "left behind software that could be used to cause disruptions or even shut down the system."
While we cannot confirm that it was China that did the hacking, it is the only country with the technical expertise in hacking to have accomplished it.
What were the hackers after? Clarke notes that "there is no money to steal on the electrical grid, nor is there any intelligence value that would justify cyber espionage. The only point to penetrating the grid's controls is to counter American military superiority by threatening to damage the underpinning of the U.S. economy. Chinese military strategists have written about how in this way a nation like China could gain an equal footing with the militarily superior United States."
Anti-terror watchdogs have long been aware of the danger of an electromagnetic pulse triggered by the explosion of a nuclear device in the atmosphere over the United States. But by acquiring the ability to enter our grid anytime it wishes and disable it, China has likely acquired the ability to accomplish the same result without exploding a bomb.
Not only has Beijing likely hacked into our grid but, according to authors Brett M. Decker and William C. Triplett II in their excellent book Bowing to Beijing, China has even hacked into the Pentagon computer network "including the one serving [then] Defense Secretary Robert Gates."
James Lewis, director of the technology and policy program at the Washington think tank Center for Strategic and International Studies called the Chinese hacking "an espionage Pearl Harbor." Lewis told 60 minutes that China had downloaded vast amounts of information from every major U.S. agency saying that we have lost more information than is stored in the entire Library of Congress through Chinese hacking.
What is the U.S. doing about it? Nothing. The modern day story of appeasement is not Obama's kowtowing to Muslim extremists as much as his total failure to confront China.
The president and Secretary of State Clinton fret over alienating China for fear that they will stop lending us money. Romney, who understands these things better than either Obama or Clinton, emphasizes China's vulnerability. "We sell then $50 billion. They sell us $400 billion. They want a trade war? Bring it on!"
The Chinese lend us money because they have to. They buy dollars to make our currency artificially expensive and theirs' commensurately cheap. With their currency manipulation, our products are 40% more costly in their markets and theirs' are 40% cheaper in our stores, fueling the imbalance of trade. Once they own the dollars, what are they going to do with them? The only safe thing is to buy U.S. Treasury notes, hence they "lend" us money. If they stopped buying dollars and acquiring an unfair trade advantage over us, we wouldn't need them to keep lending us money, our economy would be thriving.
We cannot sit by complacently and let China rob us blind, hacking our technology, our military secrets, and our power grid. We need a president who will stand up for America.
To grasp the appalling extent of Chinese hacking and espionage against the U.S. commercial and military sectors, read about it in Screwed!, on sale now!
