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factor in Chinese outbound investments in 2018. “If you are a company where real estate and property development is your ma
in line of business I think you will have a better chance of getting your foreign investment approved,” he said.
Despite the decline in Chinese investment, the US commercial real estate markets weathered the loss of capi
tal well. Because New York and San Francisco receive two-thirds of every Chinese investment dollar according to the
report, the effect of the falloff was limited, according to Barry Hersh, a real estate professor at New York University.
Overall, China fell to third in total foreign investment in American real estate behind Cana
da and Singapore, according to the report. Bitner said other sources of capital stepped in to fill the void. “Capital fro
m Canada, Singapore, Japan and South Korea is coming into the US market,” he said.
An Ethiopian Airlines flight crashed shortly after takeoff from Ethiopia’s capital on Sunday morning, killing all 157 on board, authorities said, as grieving fam
ilies rushed to airports in Addis Ababa and the destination, Nairobi. Eight Chinese citizens are among the dead.
It was not immediately clear what caused the crash of the Boe
ing 737-8 MAX plane, which was new and had been delivered to the airline in November. Its last m
aintenance was on Feb 4 and it had flown just 1,200 hours, according to the airline’s CEO Tewolde Gebremariam.
He also told reporters that the pilot, who was a senior one and join
ed the airline in 2010, sent out a distress call and was given clearance to return.
The plane crashed six minutes after departing Addis Ababa on its way to Kenya’s capital, p
lowing into the ground at Hejere near Bishoftu, or Debre Zeit, about 50 kilometers south of Addis Ababa, at 8:44 am local time.
about 100 miles away, and left food supplies for a few weeks. But crops on the Bikinians’ new home produced signif
icantly less food than those on Bikini, and the nearby waters had far less edible catch.
Within two years, the population was on the verge of starvation.
In 1948, the US responded to their plight. Once more the Bikinians were uprooted — this ti
me to Kwajalein, where they lived in tents next to a cement airstrip used by Americans. Six months lat
er, they were shipped to Kili Island, 400 miles south of Bikini, where they again began to starve.
One attempt was made to resettle the Bikinians in the late 1960s when some 150 residents we
re returned to their atoll. But in 1978 it was revealed that within one year some residents had seen a 75% inc
rease in radioactive material in their bodies, and all residents were once again moved, this time to Majuro Atoll.
In the early 1980s, the Bikinians filed a class action lawsuit against the US, which eventually resu
lted in the creation of a $90 million trust fund for their local government for cleanup and resettlement purposes.