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AdvertisementChinese billionaire Tianqiao Chen is the US' 82nd-biggest individual landowner according to the latest edition of The Land Report. Chen owns 198,000 acres of timberland in central Oregon through his investment group – Shanda Asset Management – per the ranking. Related storiesThe land is currently owned by Shanda Asset Management, The Land Report said, citing Oregon tax records. Shanda Asset Management is a branch of the Shanda Group, an investment firm. As well as the land in Oregon and Ontario, Shanda Asset Management owns real estate in China.
Persons: Tianqiao Chen, , Chen, Bend . Chen, Canadian Irving, Chrissy Organizations: Deschutes National Forest, Shanda Interactive Entertainment, Service, Forest, Bend ., Business, Fidelity National Financial Ventures, Forest Resources, Deschutes Land Trust, Shanda Asset Management, Shanda, Management, Bloomberg, Nasdaq, Shanda Group Locations: timberland, Oregon, Deschutes, Bend, Ontario, Canada, Canadian, China
“We’re seeing forms of stress in all of our species of trees,” said Christine Buhl, a forest entomologist with the Oregon Department of Forestry. Trained observers peer outside both sides of the plane, looking for noticeable damage to trees. “You definitely have to have a stomach of steel.”This year, the aerial observation program flew over about 69 million acres of Washington and Oregon forest in about 246 hours. Oregon’s average temperatures have risen about 2.2 degrees Fahrenheit since 1895, according to a 2021 state climate assessment delivered to the state’s Legislature. “It was the combination of the high temperatures in the afternoon with the sun boring down,” said Chris Still, a professor in the College of Forestry at Oregon State University.
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