"The economy of the borderless Overseas Chinese is the third largest in the world.
If we counted the economic activity of all the Overseas Chinese as a country all by itself, it would be outranked only by the U.S. and Japan. Overseas Chinese dominate trade and investment in every East Asian country except Korea and Japan. Chinese in Hong Kong, Taiwan, and Singapore supply more capital and foreign investment for the region than Japan. Ethnic Chinese..not the Japanese...are the largest cross-border investors in Thailand, Malaysia, Indonesia, the Philippines, and Vietnam. The Overseas Chinese account for 80 percent of all foreign investment in China, the motherland.
In the thriving new countries of Asia, Overseas Chinese control a huge chunk of the wealth...far more than their numbers might suggest. In Malaysia, they represent 30 percent fo the population and control more than half of the economy. the numbers elsewhere are even more remarkable:
Indonesia: 4 percent control 70 percent of the economy
Thailand: 3 percent control 60 percent
Philippines: 3 percent control 70 percent...
The Overseas Chinese are a network of networks. That is a new paradigm, a new formulation within the framework of the world's economy. All the key players among the Overseas Chinese know one another. Their businesses stay singularly apart, but they work together when necessary...
Chinese business boils down to people and contacts. As one Hong Kong banker puts it, "If you are being considered for a new partnership, a personal reference from a respected member of the Chinese business community is worth more than any amount of money you could throw on the table." ..."
From the following book
amazon.com
If you want to know why Jimmy Chin is making progress where others have failed, perhaps this book can give you some insight.
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