Skip to comments.Many Rich Chinese Consider Leaving
Posted on 11/03/2011 7:47:57 PM PDT by TigerLikesRooster
Many Rich Chinese Consider Leaving
By JEREMY PAGE
BEIJINGMore than half of China's millionaires are either considering emigrating or have already taken steps to do so, according to a survey that builds on similar findings earlier this year, highlighting worries among the business elite about their quality of life and financial prospects, despite the country's fast-paced growth.
The U.S. is the most popular emigration destination, according to the survey of 980 Chinese people with assets of more than 10 million yuan ($1.6 million) published on Saturday by Bank of China and wealth researcher Hurun Report.
While growth has slowed, China's economic performance is still the envy of the Western world: It registered annual gross domestic product growth of 9.1% in the third quarter, and the International Monetary Fund has forecast growth of 9.5% for all of 2011.
(Excerpt) Read more at online.wsj.com ...
And why is that? Well enjoy it while you can. It won't be long before it's like the place you left, or worse.
They shuld note that dear leader Zer0 is turning us into North Korea which is worse than China. Don’t come here unless you have confidence in the next election. I have hope for change, but there are too many stupid, crazy or evil voters out there for me to have much hope.
Really... only that % ?
No way I’m learing Chinese. I can’t even learn good English. Putting my foot down.
In order for us to get through this without becoming mental patients, lets attempt some glass is half full perspectives here. When these particular arrivals, whom by and large are likely nothing like the leeches that Americans, and far more so Euroepans, have been accustomed to and will improve this nation, realize that Zero’s policies will wreck every one of their aspirations, we will have more votes against him and for leaders who excercise true fiscal responsibility-and every vote really does count, and more new citizens actively aiding the fight to get them out of office.
Look at all the hard working Koreans doing well in the good ole USA. Way back in the 70’s, I had this 35 year old Korean Lady offer to pay me 10K to marry her, just to get stateside. She had a beautiful house in Seoul; woman had made some bucks in Korea, had a store and all. Those Koreans are a benefit to America, no joke.
Of course they are, it’s common knowledge. Do you know a lot of the Korean Americans now ? Are they loosing all their money and homes now now or are they still prospering and having sueccesful businesses ? If the latter, I cant imagine how much that must drive the Occupy Wall Street corwd mad.
I mean crowd. Forgive me, I’m not the best typer.
The US became the greatest country in the world by attracting the best & brightest from around the world. I hope we can continue to do so; we seem determined to educate the best and the brightest and send them back to their countries with millions of our jobs.
Interesting how few are choosing HK. Why?
It is a part of China.
Rich Chinese consider emigrating because they know how the Chinese treat other Chinese. Basically, they know that they are “fair game” in almost any scenario.
Life is really cheap in China because there is such an excess supply of humans.
WE are so spoiled in the USA. When I was in Korea many years back, I’d give my houseboy my whiskey allocation and he’d sell in on blk market, make 50 bucks profit per fifth, usually 5 bottles a month. He would always invite me out his house in this rural village 8 miles from our base to eat just spend time with his family; was a good guy actually and I was glad to see him make a few bucks. He introduced me to the papa san of his village. This guy had pretty much accumulated all the wealth in that village, owned most the houses, ect. Yet, he was still stuck in that 3rd world country rice village. He didn’t have the opportunity we have in the USA or he’d been rich in 1 year starting from nothing. I guarantee these type immigrants be all Repubs.
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I’d think the small business-types are; often the children are quickly assimilated (turned liberal).
But ya know what? I remember when I went to PSU in early 70's right at the end of Vietnam War. I knew this one girl who was off the deep end on war protests, hippie girl, goofy. I knew her dad and he was way cool and very conservative; George Wallace conservative. I use to think, man if he only knew who she was running around with and dope, ect; he's kill her. Anyway, 20 years later I see this same girl was running for judge as a repub, ha ha. So I figure many kids just have to grow on up, they just don't naturally see things like many people on FR do, no joke.
I’ve seen the story on here several times, and a friend’s daughter just had a similar epiphany - their first paycheck. She had mapped out exactly how much she’d earn by multiplying hours worked by hourly wage, and was shocked to see she didn’t get 100% of her earnings.
There is hope.
(Anyone who dates a girl who supported Obama doesn’t deserve an absentee ballot)
I married a dem girl from a dem family of coal miners back east. Been married for 27 years, and have a wife who has been a Repub the entire time. Oh I still argue with her brothers the same way I have my entire life about politics. Funny thing is now my brother-in-law's daughter just got married. Married this guy she worked with, both are biologists for some company, majority of their work is for our military. Her husband is a Mennonite, ha ha; they wouldn't even allow dancing at the wedding, ha ha; that's quite conservative you know. So I got tons of ammo to unload on my in-laws now that all their kids are becoming Republicans.
“they wouldn’t even allow dancing at the wedding”
That reminds me of an old joke. “Q: Do you know why Baptists only have sex laying down? A: So they could never be accused of dancing.”
I’m just playing; he can date whoever he wants. If his father’s a FReeper he’ll make the right decision when it matters.
There’s girls you date, and girls you marry.
I was at a Turkish party; they dance, but not touching each other.