Glasair Aviation has just been sold to an investor in China.
http://glasair.wordpress.com/2012/07/21/glasair-aviation-acquired-by-mr-fang-tieji-chairman-of-jilin-hanxing-group-co-ltd/
I HAD been considering building a Sportsman 2+2, but, not anymore. Van's, here I come! RV-14?
Glasair joins this partial list of other American aviation companies sold to the Chinese or building planes, engines or parts in China:
Cessna
Cirrus
Continental Motors
Hawker Beechcraft
Mattituck Services (a unit of Continental, subsequently closed)