Just saying:
In 2013 the Chinese sold America 440 billion of goods and services.
In 2013 the Americans sold China 122 billion of goods and services.
That is a trade deficit of something like 318 billion. Just last year.
And it seems to get worse every single year.
The topic of trade deficits, though not unrelated, is nonetheless, not the issue of the article.
The article seems to suggest that China is going to buy up all of America, including our real estate. It mentions figures of 10%, 20%, and 30% of our real estate.
But the truth is that last year, China in the aggregate bought real estate valued at the equivalent of about four hundredths of one percent of just our residential real estate. At this rate, by 2040, they'll own one full percent!!
And by 2040, it's likely that China will be a spent force.
We have problems, and some of them are related to China. But this isn't in the top 10.
sitetest