I have not researched any of this article.
Should we all start learning to speak Chinese?
I've got some oceanfront property in New Mexico and Oklahoma, and a few bridges I'd like to sell them.
Seriously though, not much reason for them to be buying anything in the US except maybe farmland, and mineral rights/mines. Remember--we're broke! At the end of the day, we will have to rely on our natural resources to rebuild our economy. That's the only thing we really have left. That and a few factories (well, a lot of factories, but fewer every day).
non American citizens and corporations are always buying assets in america.such investment is not a bad thing to have
what's more disturbing if they were buying up our mines. More power to them if they want to invest in our crumbling infrastructure and outdated ports and other such mundane things.
I'd be more concerned with other nations cutting deals all over the globe to lock up supplies of scarce resources. Congress and federal agencies are just beginning to realize how dependent america is on other countries for significant supply of critical and strategic minerals.
Let's break the myth of China right now. China is in far worse economic shape then the US is. They go down when Europe goes down. We'll still be standing. All the rumors and fear mongering are just that - rumors and fear mongering from doomed communists. End of story.
Even if that were the case, if they go down, WE go down, as they will dump their treasuries in an attempt to save themselves. And what will we do without their cheap manufactured goods? It will take DECADES to rebuild our industrial base to what it once was. And that's WITHOUT all the red tape regulations that drove our manufacturing base into the ground in the first place.