California’s savior: China’s president Xi Jinping

[Suedchina]

Dear President Xi Jinping:

This is a thank-you note from California.

Thank you, first off, for sustaining our neighborhoods through these last difficult years. Thank you for keeping wealthy Chinese so nervous about your purges of political opponents — oops, your anticorruption campaigns — that they are buying real estate all over California. More than half of all U.S. home purchases by Chinese buyers are in the Golden State. In the San Gabriel Valley, where I live, Chinese arrivals have provided the housing market with much of its ballast and our communities with a disproportionate share of their ......


Rest hier:
http://www.sfgate.com/opinion/article/C ... 159763.php