How Soon Will WV See Chinese Money? “Immediately” Says Official

Last week’s big news that China committed to invest $83.7 billion in shale and petrochemical projects in West Virginia continues to reverberate (see China Agrees to Invest Amazing $83.7 BILLION in WV Shale, Petchem). Almost as soon as the deal was announced, so-called experts came out of the swamp to say, “Won’t ever happen, ain’t a big deal, move along, nothing to see here.” Such was how Bloomberg reported it (see Why $84 Billion From China Can’t Buy a U.S. East Gas Hub), and how the sometimes-swamp dwelling Wall Street Journal reported it (see A U.S. Natural-Gas Bonanza in China Isn’t a Done Deal). Such is the irrational hatred of Donald Trump and anyone who supports him, like WV Gov. Jim Justice. This is a time for celebration. The Chinese are sending money HERE, instead of the other way around, as it has been under Lord Obama and presidents going back for decades. Yet the swamp dwellers attempt to throw excrement on the good news. Let them. They expose themselves for the shallow, leftist shills they are. Here’s an important question on everyone’s mind: When will Chinese money begin to flow for some of these projects? The answer, according to WV Commerce Secretary Woody Thrasher, is “immediately”–meaning within the next six months when ground will be broken on one, possibly two, natural gas-fired electric plants in the state. Below are insights into when the state will see the money, how the money will get distributed, and how this deal actually came together in the first place…

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