China Daily: Alameda points to Chinese investment, September 14, 2012


Chinese investments have played many roles in the US - and, if one enterprising candidate has his way, they are about to become a selling point for his election campaign.

Alameda Point, a former US naval air station in northern California, is looking to lure Chinese investors and developers to kickstart its seemingly stagnant economy, according to Stewart Chen, a chiropractor who will run for a spot on the Alameda City Council in November's elections.

"If China is willing to work with us, this is probably the last major piece of property in northern California that can be developed," he said.

Chen was born in the Philippines and migrated to the US when he was a teenager. As he is a third-generation descendant of a Chinese family from Xiamen, a major city on the southeast coast of China, he is fluent in Mandarin, Cantonese and Hokkien.

"In the past 10 years, China has focused a lot on solar power, high-tech industries and environmentally friendly technology, so we can do exchanges in trade, technology and business development," he told China Daily.