China's Millionaire Migration Program

Hi there

Scroll down to watch video of new Millionaires from China in Vancouver...fascinating!

The rising influence of the Chinese expat dollar in Australia

 

good article!

wonder if this is the same coco...

 

This may sound controversial but personally for me I find this disgusting. In Asia, the gap between the rich and the poor in Asia is so big that I feel sorry for the people because they don't have the opportunity like we do in Australia to work hard and advance their social standing. Especially in China which is meant to be a 'Communist' country but operating more like a free market communist regime, in order to get wealth, most often than not, you need to rip off people. Don't give me that rubbish of saving hard to make millions by the so called 'self'made' in a short space of time unless you have talent like Jack Ma, which is the exception to the rule.

 

I recently spoke to an older couple originating from shanghai. Whenever they visit shanghai, they get looked down by relatives who have become very rich in the last 10 to 15 years. They don't know how they got rich (do not own lands, normal jobs etc)...and many in shanghai gotten rich very quickly.

 

I always have praise and time to learn from hard workers. Recently un-friended a former friend who wasn't in line with my personal beliefs. Believe the property market in Shanghai experienced a 400% increase?

 

China now has the largest middle class in the world overtaking the US

 

China to tighten controls on overseas investments

Interesting article