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Thread Starter 

Your golf course going broke?  Find a Chinese sugar daddy and all will be good.  

 

A review of the situation in the LA Times reveals lots of swell courses, now struggling, are snapped up by investors from China who like golf.  Not insignificantly the money invested in USA means the CCP Chinese govt can't swoop in and take it away, at their pleasure, as they can do on the mainland.

 

http://www.latimes.com/business/la-fi-chinese-golf-investors-20140615-story.html#page=1

 

 $20-million Dove Canyon Golf Club,

 

 2,000-acre Sea Trail Golf Resort, built around  Sunset Beach, N.C.,

 

"A golf course is a kind of symbol of status — a thing you can be proud of and show off,

 

potential investors should enter the market "only if they have money to burn."