China owns around 1.3 trillion dollars of the United States’ debt, but recently Chinese nationals have been heavily investing in different sectors of US economy. So, how much of the US does China own?
As Forbes reported, “China’s Vice President Xi Jinping has at least one good sales pitch to offer Americans during his five day stay; to rebuild old infrastructure.” And talk about outsourcing. At a sprawling manufacturing complex, hundreds of Chinese laborers built the San Francisco-Oakland Bay Bridge.
You know how they all do it, obtaining no-bid contracts for their private corporations, insider deals, solicitations, the scandals run deep in Washington for sure.
And now Democratic California Senator Dianne Feinstein has managed to help get her husband an insider government deal worth around $1 billion, which is mere chump change when compared to the national debt of $18 trillion that others have looted.
According to Page Six: The US Postal Service plans to sell 56 buildings — so it can lease space more expensively — and the real estate company of the California senator’s husband, Richard Blum, is set to pocket about $1 billion in commissions.
Blum’s company, CBRE, was selected in March 2011 as the sole real estate agent on sales expected to fetch $19 billion….