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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (59534)1/27/2005 9:56:54 AM
From: RealMuLan  Read Replies (2) | Respond to of 74559
 
elmat, the usual pattern just not holds for the rich in China. Up to now, the rich, after they robbed the very poor within China, they transferred their dirty money out, to some Swiss banks, Caymen Islands, or some banks in Europe or the US, and then they managed a passport, and escaped from China and live a luxury life in developed countries for the rest of their live. Yes, that is what the rich is doing. Even if when Chinese gov. finds where they live, and want them back (like in the case of Lai ChangXing in Canada), the democratic developed countries won't release them!

Of course, the main reason for the rich to do so is that they get their money illegally. There is NO any country in the world where people can become millionaires or even billionaires in a few years by doing legal work.

China has been, pretty much, hollowed out by them. And now with China's WTO promising of opening up all their business completely getting near, the foreigners are starting to buy up what has left. China is quick becoming one biggest colony in the world. And that is the reality!