China Thread

#3,652
#3,652
So many wealthy Chinese are trying to get their kids out of the country that it's made an obscure school one of the best-performing stocks in the world

Chinese wealthy are fleeing.

China lost the largest number of millionaires in the world last year, with 10,800 individuals migrating from the country, according to New World Wealth, a global data intelligence partner of investment migration consultant Henley & Partners. Another 13,500 are expected to leave this year.
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And this just sounds despicable. American Progressives would be apoplectic.

SISB, which provides the Singapore curriculum specializing in mathematics and science, has seen the number of students at its four campuses increase about 25%
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And before Mojo comes in here with his voodoo long division, yes I realize there are a lot of millionaires in China. But losing 12,000 of em a year ain’t good.
 
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#3,653
#3,653
85SugarVol said:
So many wealthy Chinese are trying to get their kids out of the country that it's made an obscure school one of the best-performing stocks in the world

Chinese wealthy are fleeing.



And this just sounds despicable. American Progressives would be apoplectic.



And before Mojo comes in here with his voodoo long division, yes I realize there are a lot of millionaires in China. But losing 12,000 of em a year ain’t good.
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I've said it before, and I'll say it again....China is in big, big trouble. They are a paper tiger and their dreams of dominating world affairs are nearly over. They are a financial disaster waiting to happen.
 
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#3,654
#3,654
norrislakevol said:
I've said it before, and I'll say it again....China is in big, big trouble. They are a paper tiger and their dreams of dominating world affairs are nearly over. They are a financial disaster waiting to happen.
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Oh they’re real. And they’re dangerous.

They’re not sustainable. We can beat them too.
 
#3,655
#3,655
norrislakevol said:
I've said it before, and I'll say it again....China is in big, big trouble. They are a paper tiger and their dreams of dominating world affairs are nearly over. They are a financial disaster waiting to happen.
Click to expand...

These articles are very interesting when you think about the implications. China's wealth is highly concentrated, and a high percentage of the wealthiest Chinese are members of the CCP. Apparently a lot of other wealthy Chinese are trying to get out of China. None of that could be considered good news for the Chinese as a whole, and probably not for anybody dealing with China. If anyone didn't believe China business was owned, controlled, or directed by the CCP, time to wake up.

China's Rich Lists Riddled With Communist Party Members
CCP crackdown spooks entrepreneurs | East Asia Forum
Bao Fan: Why do Chinese billionaires keep vanishing?
China’s Richest Lose $12.7 Billion Following Xi’s Reshuffle
 
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#3,656
#3,656
AM64 said:
These articles are very interesting when you think about the implications. China's wealth is highly concentrated, and a high percentage of the wealthiest Chinese are members of the CCP. Apparently a lot of other wealthy Chinese are trying to get out of China. None of that could be considered good news for the Chinese as a whole, and probably not for anybody dealing with China. If anyone didn't believe China business was owned, controlled, or directed by the CCP, time to wake up.

China's Rich Lists Riddled With Communist Party Members
CCP crackdown spooks entrepreneurs | East Asia Forum
Bao Fan: Why do Chinese billionaires keep vanishing?
China’s Richest Lose $12.7 Billion Following Xi’s Reshuffle
Click to expand...

Those are some good articles, thanks. Xi is cutting off his nose to spite his face it seems. You can't uncommie a commie I guess.
 
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#3,658
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#3,663
#3,663
China Touts ‘Significant Commercial Opportunities’ for NBA Stars with Giannis Antetokounmpo Visit

Giannis-Antetokounmpo-promotional-event-China-getty-640x480.jpg


China’s state-run propaganda newspaper Global Times celebrated on Monday the arrival of Giannis Antetokounmpo in Beijing, the first NBA star of his caliber in the league to visit the country since the Wuhan coronavirus pandemic began.

Antetokounmpo, of the Milwaukee Bucks, led his team to the 2021 NBA championship and has since risen to become one of the most popular players in the league. He arrived in China on Wednesday with brothers and fellow basketball players Thanasis and Alex Emeka in tow and has spent the past week enjoying the sights in Beijing and Guangzhou, posting frequently to social media about his love for China:

The Global Times noted that the Antetokounmpo family’s arrival sends a signal to other NBA players that “significant commercial opportunities” exist for them in China, essentially making a statement that cooperation with the Chinese Communist Party is not only safe, but lucrative after years of human rights activists and members of Congress have condemned the NBA for insisting on a friendly relationship with America’s top geopolitical adversary.

China Touts 'Commercial Opportunities' for NBA Stars with Antetokounmpo Visit
 
#3,675
#3,675
headhunter15 said:
We have got to get our head out our butts and begin wartime production on equipment. It’s going to take a big effort from everyone. Wonder if we can get Americans to come together?…
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True, but the first thing we have to figure out is how to make our military toys cheaper. They simply cost too much to produce the quantities needed ... and then they can't keep the stuff operating.
 
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