China City of America

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China City of America is a China-themed construction project in and near the town of Thompson, Sullivan County, in the Catskill Mountains region of the U.S. state of New York, slated to bring thousands of wealthy Chinese immigrants through the federal U.S. EB-5 immigrant investor program, which grants permanent residency to foreign investors in exchange for job-creating investments in the United States. Sherry Li, a Long Island businessperson and the chief executive officer[1] and founder of China City of America, envisions US$6 billion of foreign investment in the project.[2]

According to the New York Post, "The designs for China City include a college, 1,000 residences, a Chinese-themed retail center and possibly a casino.

The place would feel like a trip to China just 90 miles outside New York city, as one area would mark parts of the Chinese Zodiac while another would have 16 buildings representing the major Chinese dynasties.

"Each dynasty will have its building and will have rides go with it," Li said at a town council meeting in May where she pitched the original plan.

China City’s website features golden dragons, and projects an initial investment of $325 million — with $10 million going to a "Temple of Heaven," $24 million on a hotel and entertainment complex, and $20 million to construct a 'Forbidden City.'"[2]

See also

References

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