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Idaho considers allowing China to build a 50 Square Mile ” Special Economic Zone”

China Wants To Construct A 50 Square Mile Self-Sustaining City South Of Boise, Idaho

Thanks to the trillions of dollars that the Chinese have made flooding our shores with cheap products, China is now in a position of tremendous economic power. So what is China going to do with all of that money? One thing that they have decided to do is to buy up pieces of the United States and set up “special economic zones” inside our country from which they can continue to extend their economic domination. One of these “special economic zones” would be just south of Boise, Idaho and the Idaho government is eager to give it to them. China National Machinery Industry Corporation (Sinomach for short) plans to construct a “technology zone” south of Boise Airport which would ultimately be up to 50 square miles in size. The Chinese Communist Party is the majority owner of Sinomach, so the 10,000 to 30,000 acre “self-sustaining city” that is being planned would essentially belong to the Chinese government. The planned “self-sustaining city” in Idaho would include manufacturing facilities, warehouses, retail centers and large numbers of homes for Chinese workers. Basically it would be a slice of communist China dropped right into the middle of the United States.

According to the Idaho Statesman, the idea would be to build a self-contained city with all services included. It would be modeled after the “special economic zones” that currently exist in China.

Perhaps the most famous of these “special economic zones” is Shenzhen. Back in the 1970s, Shenzhen was just a very small fishing village. Today it is a sprawling metropolis of over 14 million people.

If the Chinese have their way, we will soon be seeing these “special economic zones” pop up all over the United States.

So exactly who is “Sinomach”?

The following description of the company comes directly from the website of Sinomach….

With approval of the State Council, China National Machinery Industry Corporation (SINOMACH) was established in January 1997. SINO-MACH is a large scale, state-owned enterprise group under the supervision of the State Assets Supervision and Administration Commission.

As you can see, Sinomach is basically an arm of the Chinese government.

The borrower is always the servant of the lender, and now China is buying up America.

The reality is that Sinomach is not looking only at Idaho. Sinomach is in discussions to develop “special economic zones” all over the United States.

Sinomach has recently dispatched delegations to Ohio, Michigan and Pennsylvania to explore the possibility of establishing “special economic zones” in those states.

Will such “self-contained communities” soon start appearing from coast to coast?

According to Dr. Jerome Corsi, the U.S. government has already set up 257 “foreign trade zones” across America. These “foreign trade zones” will apparently be given “special U.S. customs treatment” and will be used to promote global free trade….

“The FTZs tend to be located near airports, with easy access into the continental NAFTA and WTO multi-modal transportation systems being created to move free-trade goods cheaply, quickly and efficiently throughout the continent of North America.”

So what do our politicians think about all of this?

Most of them are greatly in favor of it.

“Idaho’s the last state that should say we don’t want to do business with Asia,”
Idaho Lt. Gov. Brad Little said last year. “Asia’s where the money is.”

So will all of this “foreign investment” really bring jobs back to the American people?

Mercy. Is for the weak. We do not train to be merciful here.

Perhaps a few, but the truth is that these “special economic zones” that the Chinese are setting up are designed to be self-contained communist Chinese communities. Some Americans will likely be employed in these areas, but not nearly as many as our politicians would have you to believe.

In addition, these “special economic zones” represent a massive national security threat. The communist Chinese could potentially be able to bring in and store massive amounts of military equipment virtually undetected.

In the days of the Cold War, we would have never dreamed of giving the Russians a 50 square mile city in the middle of Idaho.

But today we have become convinced that the communist Chinese want to be our great friends.

The following quote originally appeared in the Idaho Statesman, but has since apparently been taken down….

“The Chinese are looking for a beachhead in the United States,”
said Idaho Commerce Secretary Don Dietrich. “Idaho is ready to give them one.”

Indeed.

If relations between the U.S. and China go south someday, we will deeply regret giving China so many open doors.

The truth is that you can never fully trust the communist Chinese. Their top military officers talk about a coming conflict with the United States all the time. China is extremely interested in North America. In fact, the Chinese and the Mexicans have even been holding talks on military cooperation.

But even if you don’t consider the communist Chinese to be a military threat, you should be deeply concerned about the economic implications of what is happening.

Today, tens of millions of Americans are wondering why the economy is so bad.

Well, there are a lot of reasons, but the fact that we have sent China thousands of our factories, millions of our jobs and trillions of dollars of our national wealth is a major contributing factor.

If you do not know the truth about how badly the Chinese economy is wiping the floor with the Americen economy then you need to read this article: “40 Signs The Chinese Economy Is Beating The Living Daylights Out Of The U.S. Economy”.


There is alleged evidence the United States has no Gold left at Fort Knox. Rumors that the government is providing American land as collateral to China. It is true China has alreadydivested 97% of their US bond holdings. The US government is preparing for the inevitable and even the USDA is on record as predicting food riots in the US later this year. If the US does default. What would stop China, Russia or other debt holders from simply attacking. The answer is very little. The fact is, the collapse of the World’s lone superpower is contrived. It has been planned perfectly and executed flawlessly. Today, the World is on the road to unification. Tony Blair is spearheading the effort to create a One World Church. It is coming folks. The END truly is near. Very soon we will see One number to rule all of us. What will YOU do? – PECAN

Beautiful new infrastructure is going up all over China today, and meanwhile many of our once great manufacturing cities are turning into rotted-out war zones.

China would not be what they are today if we had insisted that they abandon the communist system and respect basic human rights before we ever opened up trade with them.

But that did not happen. Instead we enthusiastically welcomed China into the WTO and we let the predatory Chinese system run wild.

In 2010, China had a “current account balance” of over 272 billion dollars, which was the largest in the world.

In 2010, the United States had a “current account balance” of negative 561 billion dollars. According to the CIA world factbook, that put us in last place in the entire world. In fact, our negative current account balance was more than 9 times larger than anyone else in the world. If you go check out this chart it will give you a really good idea of how nightmarish our trade situation has become.

The world is changing and nothing is ever going to be the same again.

Just ask the residents of Boise, Idaho – they are about to have a 50 square mile self-contained communist Chinese city plopped right into their backyard.

SOURCE – END OF THE AMERICAN DREAM

The ghost towns of China: Amazing satellite images show cities meant to be home to millions lying deserted

By Daily Mail Reporter

Last updated at 10:53 AM on 18th December 2010

These amazing satellite images show sprawling cities built in remote parts of China that have been left completely abandoned, sometimes years after their construction.

Elaborate public buildings and open spaces are completely unused, with the exception of a few government vehicles near communist authority offices.

Some estimates put the number of empty homes at as many as 64 million, with up to 20 new cities being built every year in the country’s vast swathes of free land.

The photographs have emerged as a Chinese government think tank warns that the country’s real estate bubble is getting worse, with property prices in major cities overvalued by as much as 70 per cent.

Ghost city: Kangbashi was meant to be the urban centre for wealthy coal-mining community Ordos and home to its one million workers, but its roads are eerily empty and the houses stand vacant


The mostly empty city of Bayannao¿er, which boasts a beautiful town hall and World Bank-sponsored water reclamation building

Of the 35 major cities surveyed, property prices in eleven including Beijing and Shanghai were between 30 and 50 per cent above their market value, the China Daily said, citing the Chinese Academy of Social Sciences.

Prices in Fuzhou, capital of the southeastern province of Fujian, had the worst property bubble with average house prices more than 70 per cent higher than their market value, according to the survey conducted in September.

The average price in the 35 cities surveyed was nearly 30 per cent above the market value, the report said.

Property prices have remained stubbornly high despite the government adopting a slew of measures since April including hiking minimum downpayments to at least 30 per cent and ordering banks not to provide loans for third home purchases.

Prices in 70 major cities were up 0.2 per cent in October from the previous month and 8.6 percent higher than a year ago, official data showed.

The increase came after prices gained 0.5 per cent month on month in September, which was the first increase since May.


Property bubble: Zhengzhou New District features vast public buildings that have never been used

Half of Erenhot is empty. The other half is unfinished



Now here’s Kangbashi, a new city with capacity for 300,000 — that houses 30,000

Massive stimulus measures taken since 2008 to fend off the financial crisis injected huge amounts of liquidity in the market and have been blamed for fuelling real estate prices.

‘The government target is not clear and policy is incoherent,’ CASS senior research Ni Pengfei was quoted saying.

According to research carried out by Time magazine, fixed-asset investment in the Asian country accounted for more than 90 per cent of its overall growth – with residential and commercial real estate investment making up nearly a quarter of that.

Regional governments across China have been building massive real estate projects, including Kangbashi in Inner Mongolia and Zhengzhou New District, which have remained empty, because of the high prices and interest in investment.

Kangbashi, which was built in just five years, was meant to be the urban centre for Ordos City – a wealthy coal-mining hub home to 1.5million people.

It was filled with office towers, administrative centres, museums, theatres and sports facilities as well as thousands of homes, but remains virtually deserted.



The ghost city of Dantu has been mostly empty for over a decade

The orange area to the north-east of the Xinyang has yet to be occupied


No cars in the city except for approximately 100 clustered around the government headquarters

Zhengzhou

Zhengzhou New District residential towers: Soaring property prices in China and high levels of investment has fuelled the construction of up several new cities. Experts fear a subsequent property crash could damage the global economy

Prices have continued to soar, investors have increasingly turned to property speculation fuelling the continued bubble.

The onset of the 2008 global recession was the bursting of the real estate bubble in the U.S. and experts fear a similar situation in China could prove catastrophic for still struggling economies and banking systems.

Beijing has introduced measures to cool ‘ridiculous’ property prices, but the risks of a crash mean the campaign is unlikely to ease up in the next year.

Public discontent has been fuelled by high prices in China’s cities and the measures, introduced in April, have made it more difficult for speculators and developers to hoard land and chase up prices as lending has been restricted.

Wang Shi, chairman of China Vanke – the country’s largest property developer – said: ‘Tightening measures will not loosen next year.

‘If we can control the pace of property price gains within a reasonable range, it’s already an achievement.’

In most neighbourhoods of Dantu, there are no cars, no signs of life


A giant empty hotel sits in the city of Erenhot

This city was built in the middle of a desert: Erenhot, Xilin Gol, Inner Mongolia

Property sales for Vanke already exceeded $15billion so far this year, but Mr Shi has insisted China will not end up in a worse place than Dubai – where a property price bubble imploded during the global financial crisis.

He said: ‘It could be really, really bad without the government stepping in.

‘If the bubble bursts, Japan’s past will be China’s present.’

But short-seller Jim Chanos has issued a more dire warning, and said he expected China’s economy to implode in a real estate bust.

He said the country was ‘on an economic treadmill to hell’ and the country’s bubble was ‘Dubai times 1,000’.

In the 1980s, Tokyo saw a massive rise in property prices and a subsequent crash. The Hong Kong property market experienced a similar phenomenon in the 1990s.
This $19 billion development is packed with blocks of empty houses

This giant new development doesn’t even have a name yet

SOURCE