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Kam sun Leong
Fox Business
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Comments by "Kam sun Leong" (@kamsunleong6648) on "China is 'getting a little bit unnerved' by what Trump is doing: Chang" video.
Other countries are allowing you to buy their land. In fact, it is estimated that US owned assets abroad exceed USD32 trillion in value.
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You may not be aware of this. American corporations also own a lot of real estate in China.
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Just about 380k acres or 1% of all foreign owned land in America. They are not even in the top ten list of foreign ownership. Canada, UK and European countries make up that list.
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But you wouldn't mind foreign ownership of your Treasury bonds. China is the second largest holder of your bonds.
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EU and some of the rest of the world. Sure. China ? They are your second largest creditor.
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Smithfield sale is a commercial deal. Willing seller willing buyer. Makes sense as they are major supplier to the Chinese market.
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