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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding
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From: elmatador9/30/2018 2:13:14 AM
2 Recommendations

Recommended By
Elroy Jetson
sixty2nds

   of 13808
 
The Hakka Chinese are going to spread once again.

The Hakka Chinese (HC) suffered during the Asian Meltdown of 97-98 as locals blamed them for their plight.

I did not read this in a book, I saw Jakarta burning from the window in South Jakarta) and then left after 4 years in Indonesia. I also worked and lived 2 and half half years in Thailand and Malaysia.

The HCs pulled capital out of these countries (Indonesia, the Philippines, Malaysia, Thailand) and were received with open arms in China.

There they regrouped under the wing of the Communist Party;
They brought capital. Expertise and the knowledge of how to put arms and legs to produce cheaply.

Twenty years later, they have to go Diaspora again. We can now start discerning what the next twenty years will make of China.

A lasting trade war will force foreign companies to diversify or shift supply away from China and to relocate their production lines to safer countries like Vietnam, Malaysia, Indonesia and Mexico, in an effort to bypass increased costs.

Likewise, Chinese firms that buy American hi-tech industrial products will also seek to move to “safe” countries to avoid the punitive tariffs.

The consumer goods will be rolled over to the Vietnam, Malaysia, Indonesia and Mexico.

The tech industry will not want to engage China due to the IP issues.
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