Chinese Billionaire Who Purchased Texas Land Failed to Report Foreign Land Ownership, Received Lowered Fine

Started by Epoch-Times-Bot, Dec 07, 2022, 03:45 PM

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Epoch-Times-Bot

Dec 07, 2022, 03:45 PM
Chinese Billionaire Who Purchased Texas Land Failed to Report Foreign Land Ownership, Received Lowered Fine

A Chinese billionaire purchased about 140,000 acres of agricultural land in Val Verde County, Texas, since 2016, and planned to build Blue Hills Wind Farm on this property near the U.S.-Mexico border and the Laughlin Air Force Base, a training ground for military pilots.
The proposed wind project would have allowed the Chinese owner access to Texas's electricity grid, and when the community took note, it raised national security concerns. Billionaire Sun Guangxin is a former officer of the People's Liberation Army (PLA)—the military of the Chinese Communist Party (CCP)—and a self-made businessman in the Xinjiang region in China, an area now the site of an ongoing repression of Uyghurs....

Source: Chinese Billionaire Who Purchased Texas Land Failed to Report Foreign Land Ownership, Received Lowered Fine

xenzol

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Aug 22, 2024, 03:07 AM
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