The mystery buyers of more than $1 billion of undeveloped land abutting a California military base were revealed to be Silicon Valley heavyweights — and not a network of Chinese spies as some politicians feared.

The land grab near Travis Air Force Base by Flannery Associates — which has become the largest landowner in Solano County, about 100km northeast of San Francisco — had prompted concern that a foreign entity could be using the investment to harm US national security.

Mystery buyers of $1 billion land parcel revealed and they plan to build a ‘megacity’ from scratch comes via ChinaTechNews.com.