Abillion-dollars-worth of farmland encircling US military bases in California has recently been purchased by a mysterious company. China is buying land around many US military installations in the mid- and southwest, Texas. Technically, this land is being bought by Flannery Associates. The origins of this company are attracting official attention and speculations abound. Does Flannery Associates have Chinese roots? Why is it interested in vast areas of land in the USA? And how might this impact the real estate market?
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