Chinese Mystery: $67 Million Purchase of New Hampshire Water Plant Site

Suspicious Land Purchase in Nashua

• 🇨🇳 A Chinese businessman and his company, Nung Fu, purchased an industrial site next to the Penacook Water System in Nashua, New Hampshire.
• 💰 The purchase price was $67 million, significantly over four times the assessed value of $15 million, raising suspicions among locals.
• 💧 Nung Fu intends to use the site to draw millions of gallons of drinking water daily for their beverage plant.
• 🤫 The deal was conducted stealthily, with no public meetings or outreach, leading to concerns about transparency.

National Security Concerns and Soft Power Invasion

• ✈️ The purchased site is strategically located near the Nashua airport, defense contractors, and an FAA control center, raising national security questions.
• 🗣️ Lily Tang Williams, a former Chinese communist and New Hampshire congressional candidate, warns of a "soft power invasion" by China.
• 📈 China's strategy involves using business, education, apps like TikTok and WeChat, and media to expand influence in Western countries without military conflict.

Pattern of Chinese Investment in New Hampshire

• 🏫 Approximately seven years ago, a Chinese investor purchased the abandoned Daniel Webster College campus, a 50-acre site, for $14 million, reportedly double its worth.
• ❓ The mayor of Nashua finds the inflated price of the Nung Fu property puzzling but states the city will not sell the water company itself.
• 🔍 The pattern of inflated prices and discreet acquisitions by Chinese investors in New Hampshire highlights a broader concern about foreign influence and national security.