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Although he owns some stocks, Mr Burkholder said they were long-term investments and he was not obsessing over the sharp drops in the two days following the president's announcement.

These agents aim to subtly and slowly make key figures amenable to the aims of the CCP in a long-term operation often referred to as "elite capture".

"We will continue to work closely with the Canal and Rivers Trust, Natural Resources Wales and the Welsh Government on a longer-term solution that can support the canal beyond the coming year," it added.

It is improbable that a developer would buy the land without some understanding with Moreno about the long-term future of the Angels, but it is not impossible.

The aim is to subtly and slowly bring them around to the Chinese Communist Party's aims in a long-term operation often referred to as "elite capture".