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Tianjin (China)
Chinese investors buying up U.S. golf courses
Chinese investors buying up U.S. golf courses

Eight years ago, Du Sha cashed out his chain of home-improvement centers — the first superstores of their kind in China — with a sale to Home Depot for $100 million. Today, with a net worth of more than $600 million, the former economics professor has taken up the conventional pastime for those with money and time: golf. Du has bigger plans than reducing his handicap. Teaming with a Canadian golf executive, he has bankrolled Pacific Links International, which now owns 10 high-end U.S. courses, including the $20-million Dove Canyon Golf Club, in a private community abutting the Cleveland National Forest in south Orange County. Du and other wealthy Chinese investors are...

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