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Chinese investors versus Trump

joekelly
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joekelly Great Member

joekelly

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."


Note: This thread is 3816 days old. We appreciate that you found this thread instead of starting a new one, but if you plan to post here please make sure it's still relevant. If not, please start a new topic. Thank you!

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