China to buy European infrastructure.

Plunging European real estate values have China eyeing future infrastructure purchases.  Despite European nations being loath to sell their infrastructure to China (e.g., railroads, power companies, and factories), Chinese investors are circling and waiting for prices to “hit bottom.”  China’s Minister of Commerce made the following statement this week:  “Next year, we will send a delegation for promoting trade and investment to the European countries... Some European countries are facing a debt crisis and hope to convert their assets to cash and would like foreign capital to acquire their enterprises.  We will be closely watching and pushing forward the process.”

The EU reluctance to sell assets to non-European entities frustrates Chinese investors.  So China points to the UK’s example—“one of the most open economies in the world”—as a nation that has welcomed Chinese investment in a new North-South railway project in Britain (EUObserver.com, November 28, 2011).

Although Bible prophecy does not specifically mention China buying European infrastructure, God warned ancient Israel (and its modern descendants) that because they reject Him, a nation will come “from afar,” “of fierce countenance” and “whose language you will not understand” and will lend them money and consume all of their goods (Deuteronomy 28:43-44, 49-51).  

Many current EU nations descend from the ancient tribes of Israel. Which European nations might be the first to sell off their infrastructure?  For more on this fascinating subject, see our booklet The United States and Great Britain in Prophecy.