There are few places in the United States that hold greater significance to the Chinese-American community than Monterey Park, Calif. Known as the first suburban Chinatown, the city owes its changes to the late Chinese American real estate developer Fred Hsieh, who promoted the community about seven miles east of downtown Los Angeles as the “Chinese Beverly Hills.” His vision would ignite a demographic transformation starting in the 1970s as Monterey Park and the neighboring city of Alhambra welcomed more and more middle-class ethnic Chinese residents from both home and…