Chinese investors must tread carefully in Ohio
<p><span word="When">When</span> <span word="I">I</span> <span word="was">was</span> <span word="growing">growing</span> <span word="up">up</span> <span word="in">in</span> <span word="Detroit">Detroit</span> <span word="decades">decades</span> <span word="ago">ago</span>, <span word="it">it</span> <span word="was">was</span> <span word="still">still</span> <span word="a">a</span> <span word="lovely">lovely</span> <span word="and">and</span> <span word="productive">productive</span> <span word="city">city</span>, <span word="affectionately">affectionately</span> <span word="known">known</span> <span word="as">as</span> <span word="the">the</span> <span word="Motor">Motor</span> <span word="City">City</span>, <span word="or">or</span>, <span word="to">to</span> <span word="the">the</span> <span word="many">many</span> <span word="African">African</span>-<span word="Americans">Americans</span> <span word="who">who</span> <span word="escaped">escaped</span> <span word="the">the</span> <span word="racism">racism</span> <span word="and">and</span> <span word="economic">economic</span> <span word="stagnation">stagnation</span> <span word="of">of</span> <span word="the">the</span> <span word="bigoted">bigoted</span> <span word="American">American</span> <span word="South">South</span>, <span word="a">a</span> <span word="beacon">beacon</span> <span word="of">of</span> <span word="economic">economic</span> <span word="and">and</span> <span word="political">political</span> <span word="hope">hope</span> <span word="called">called</span> <span word="Motown">Motown</span>. <span word="Nobody">Nobody</span> <span word="thought">thought</span> <span word="then">then</span> <span word="that">that</span> <span word="a">a</span> <span word="few">few</span> <span word="decades">decades</span> <span word="later">later</span>, <span word="it">it</span> <span word="would">would</span> <span word="be">be</span> <span word="known">known</span> <span word="as">as</span> <span word="the">the</span> <span word="murder">murder</span> <span word="capital">capital</span> <span word="of">of</span> <span word="the">the</span> <span word="United">United</span> <span word="States">States</span> <span word="and">and</span> <span word="a">a</span> <span word="part">part</span> <span word="of">of</span> <span word="the">the</span> <span word="industrial">industrial</span> <span word="rustbelt">rustbelt</span>.</p><p><span word="For">For</span> <span word="fun">fun</span>, <span word="we">we</span>'<span word="d">d</span> <span word="drive">drive</span> <span word="to">to</span> <span word="Toledo">Toledo</span>, <span word="Ohio">Ohio</span>, <span word="because">because</span> <span word="at">at</span> <span word="that">that</span> <span word="time">time</span> <span word="there">there</span>, <span word="you">you</span> <span word="could">could</span> <span word="legally">legally</span> <span word="drink">drink</span> <span word="watered">watered</span>-<span word="down">down</span> 3.2 <span word="percent">percent</span> <span word="beer">beer</span> <span word="at">at</span> 18 <span word="years">years</span> <span word="old">old</span>, <span word="when">when</span> <span word="at">at</span> <span word="home">home</span> <span word="we">we</span> <span word="had">had</span> <span word="to">to</span> <span word="wait">wait</span> <span word="until">until</span> <span word="we">we</span> <span word="were">were</span> 21 <span word="for">for</span> <span word="the">the</span> <span word="real">real</span> <span word="stuff">stuff</span>. <span word="Like">Like</span> <span word="Detroit">Detroit</span>, <span word="Toledo">Toledo</span> <span word="too">too</span> <span word="was">was</span> <span word="one">one</span> <span word="of">of</span> <span word="the">the</span> <span word="engines">engines</span> <span word="that">that</span> <span word="drove">drove</span> <span word="the">the</span> <span word="American">American</span> <span word="economy">economy</span> <span word="and">and</span> <span word="was">was</span> <span word="very">very</span> <span word="much">much</span> <span word="part">part</span> <span word="of">of</span> <span word="the">the</span> <span word="supply">supply</span> <span word="chain">chain</span> <span word="of">of</span> <span word="the">the</span> <span word="American">American</span> <span word="automobile">automobile</span> <span word="juggernaut">juggernaut</span>. <span word="But">But</span> <span word="Toledo">Toledo</span> <span word="too">too</span> <span word="succumbed">succumbed</span> <span word="to">to</span> <span word="economic">economic</span> <span word="pressures">pressures</span> <span word="and">and</span> <span word="itself">itself</span> <span word="became">became</span> <span word="part">part</span> <span word="of">of</span> <span word="the">the</span> <span word="rustbelt">rustbelt</span>. <span word="Like">Like</span> <span word="some">some</span> <span word="sections">sections</span> <span word="of">of</span> <span word="Detroit">Detroit</span>, <span word="there">there</span> <span word="are">are</span> <span word="some">some</span> <span word="parts">parts</span> <span word="of">of</span> <span word="Toledo">Toledo</span> <span word="that">that</span> <span word="are">are</span> <span word="so">so</span> <span word="crime">crime</span>-<span word="ridden">ridden</span> <span word="that">that</span> <span word="nobody">nobody</span> <span word="goes">goes</span> <span word="there">there</span> <span word="except">except</span> <span word="out">out</span> <span word="of">of</span> <span word="sheer">sheer</span> <span word="necessity">necessity</span>. <span word="As">As</span> <span word="in">in</span> <span word="Detroit">Detroit</span>, <span word="people">people</span> <span word="fled">fled</span> <span word="the">the</span> <span word="city">city</span> <span word="in">in</span> <span word="large">large</span> <span word="numbers">numbers</span> <span word="out">out</span> <span word="of">of</span> <span word="fear">fear</span> <span word="and">and</span>/<span word="or">or</span> <span word="lack">lack</span> <span word="of">of</span> <span word="opportunity">opportunity</span>.</p><p><span word="It">It</span>'<span word="s">s</span> <span word="no">no</span> <span word="secret">secret</span> <span word="that">that</span> <span word="Americans">Americans</span> <span word="are">are</span> <span word="in">in</span> <span word="debt">debt</span> <span word="to">to</span> <span word="China">China</span> <span word="to">to</span> <span word="the">the</span> <span word="astounding">astounding</span> <span word="amount">amount</span> <span word="of">of</span> $1.15 <span word="trillion">trillion</span> <span word="in">in</span> <span word="US">US</span> <span word="Treasury">Treasury</span> <span word="bills">bills</span> <span word="alone">alone</span>, <span word="and">and</span> <span word="it">it</span>'<span word="s">s</span> <span word="no">no</span> <span word="secret">secret</span> <span word="either">either</span> <span word="that">that</span> <span word="Chinese">Chinese</span> <span word="investors">investors</span> <span word="are">are</span> <span word="buying">buying</span> <span word="up">up</span> <span word="individual">individual</span> <span word="properties">properties</span> <span word="at">at</span> <span word="rock">rock</span>-<span word="bottom">bottom</span> <span word="prices">prices</span> <span word="in">in</span> <span word="many">many</span> <span word="parts">parts</span> <span word="of">of</span> <span word="America">America</span>. <span word="They">They</span> <span word="range">range</span> <span word="from">from</span> <span word="dollar">dollar</span> <span word="houses">houses</span> <span word="in">in</span> <span word="Detroit">Detroit</span> <span word="to">to</span> <span word="multimillion">multimillion</span>-<span word="dollar">dollar</span> <span word="estates">estates</span> <span word="in">in</span> <span word="Beverly">Beverly</span> <span word="Hills">Hills</span> <span word="or">or</span> <span word="the">the</span> <span word="North">North</span> <span word="Shore">Shore</span> <span word="of">of</span> <span word="Long">Long</span> <span word="Island">Island</span>. <span word="But">But</span> <span word="it">it</span> <span word="is">is</span> <span word="news">news</span> <span word="when">when</span> <span word="Chinese">Chinese</span> <span word="businesspeople">businesspeople</span> <span word="appear">appear</span> <span word="to">to</span> <span word="be">be</span> <span word="buying">buying</span> <span word="up">up</span> <span word="significant">significant</span> <span word="parts">parts</span> <span word="of">of</span> <span word="an">an</span> <span word="entire">entire</span> <span word="city">city</span>. <span word="And">And</span> <span word="that">that</span> <span word="city">city</span> <span word="is">is</span> <span word="Toledo">Toledo</span>. <span word="It">It</span> <span word="remains">remains</span> <span word="to">to</span> <span word="be">be</span> <span word="seen">seen</span>, <span word="however">however</span>, <span word="if">if</span> <span word="China">China</span> <span word="will">will</span> <span word="be">be</span> <span word="perceived">perceived</span> <span word="as">as</span> <span word="savior">savior</span> <span word="of">of</span> <span word="the">the</span> <span word="city">city</span> <span word="or">or</span> <span word="an">an</span> <span word="unsavory">unsavory</span> <span word="exploiter">exploiter</span>.</p>
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