This is a story of local, New Hampshire interest, but it is also relevant to the larger American picture of potentially destructive Chinese investment in America. Lily Tang Williams, the Chinese expat interviewed here, has been to Saint Benedict Center and met with the publishers of Catholicism.org. She’s a fascinating little lady who became a Baptist from being a pagan. We hope she sees the light of Faith and becomes a Catholic.
(NewsNation) — When a billionaire Chinese businessman and his company quietly purchased a commercial building in Nashua, New Hampshire, to ostensibly set up a water plant, the deal went largely unnoticed. That changed when the purchase price was publicly revealed.
The company, Nongfu Spring, owned by Zhong Shanshan, is China’s largest beverage company. The site is next to the Pennichuck water system and allows the company to use local water for a beverage plant. What’s raising eyebrows is the mystery of why the company paid $67 million in cash for a property valued at $15 million.
“Being tied into our Pennichuck water system and taking millions of gallons a day of drinking water from the citizens of Nashua is very concerning,” local resident Bob Lozeau told Nexstar’s NewsNation. He said most folks in Nashua didn’t know about the sale before it happened.
