Targets of Chinese investment in New York include the New York subway system, a Metro-North train platform near Yankee stadium, luxury apartments and major leases in the Empire State Building and the World Trade Center.
After General Electric's CEO, Jeffrey Immelt, closed all of GE U.S. Edison light bulb plants and opened a light bulb plant in China, Barack Obama named Immelt his jobs czar. Immelt then announced GE would move its 115-year-old X-ray division from Wisconsin to Beijing, where GE would invest $2 billion, train 65 engineers and create six research centers.
GE is now pursuing a joint venture with China to build the avionics for a new commercial plane that will compete with Boeing and Airbus. Of course, China will use this technology for military purposes, too.
China is now asking Missouri taxpayers to build a cargo hub at Lambert-St. Louis Airport, called Aerotropolis, for the use of Shanghai-based China Cargo Airlines. China expects Missouri to give the Chinese $360 million in tax credits to subsidize this cargo hub, with millions of square feet of warehouse and factory space.
The new Martin Luther King Jr. Memorial should be stamped "Made in China." It was sculpted in China by a Chinese sculptor out of Chinese granite and assembled in the U.S. by imported Chinese workers.
Communist China also poses a large medical issue. More than 80 percent of the active ingredients for prescription drugs sold in the United States are made in other countries, mostly in China or India, where the manufacturers and facilities are rarely or never inspected.
Several years ago, the Chinese deliberately substituted a cheap fake ingredient in the blood-thinner Heparin. That caused 81 U.S. deaths before it was pulled from use.
Now we learn that 180 drugs needed to treat leukemia, cancer and other diseases are in dangerously short supply because of contamination in facilities in China and India. While a deal is now being negotiated to start U.S. inspection of Chinese drug plants, there is no reason to believe that occasional inspections will make the drugs safe.
Phyllis Schlafly is a lawyer, conservative political analyst and author of 20 books. Her latest, written with co-author Suzanne Venker, is "The Flipside of Feminism" published in March by WorldNetDaily. She can be contacted by email at email@example.com. To find out more about Phyllis Schlafly and read features by other Creators Syndicate writers and cartoonists, visit the Creators Syndicate Website at www.creators.com.
COPYRIGHT 2011 CREATORS.COM
Phyllis Schlafly is a national leader of the pro-family movement, a nationally syndicated columnist and author of Feminist Fantasies.
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