Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
Once the property tax incentive is removed, won’t most developers walk away? Then what? The city already fined Hilco $68,000 for the incident. If there was more damage, then increase the fine.