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Half of China's millionaires want to leave country

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Re: Half of China's millionaires want to leave country

#91

Once you're rich enough, you become concerned with protecting that wealth and your own well-being. You want transparency from your government, rule of law (in a transparent, predictable manner) and political stability. Those are not strong points in China these days.

I think this is true. Additionally, as other commenters have mentioned, daily life in china is a bit of a health risk due to the crazy traffic, air pollution, poor food safety etc.

Re: Half of China's millionaires want to leave country

#92
post #90
post #81

Earlier quoted context omitted.

I'm not convinced it is "grappling to maintain order". It really doesn't operate that different from the U.S: - censorship (like wikileaks) - Suppression of dissent (like the 'Occupy movement' is being suppressed). Governments (regardless of ideology) try to avoid dissent, as it's damaging to those in power...

What are the down votes for? Some one care to enlighten me how the censorship of wikileaks is any different to the great fire wall? (Slightly different scale, but they both illustrate censorship). Or the suppression the of the Occupy Movement is different from the concept of "suppression of dissent". That is the forcible removal of people with views the government doesn't want to hear. I haven't even mention the Patr…

Some cities have worse police departments than others, but I haven't seen any of the Occupy protests assaulted with tanks.

Re: Half of China's millionaires want to leave country

#93
post #90

Earlier quoted context omitted.

What are the down votes for? Some one care to enlighten me how the censorship of wikileaks is any different to the great fire wall? (Slightly different scale, but they both illustrate censorship). Or the suppression the of the Occupy Movement is different from the concept of "suppression of dissent". That is the forcible removal of people with views the government doesn't want to hear. I haven't even mention the Patr…

Some cities have worse police departments than others, but I haven't seen any of the Occupy protests assaulted with tanks.

http://en.wikipedia.org/wiki/1992_Los_Angeles_riots

Came pretty close to tanks...

Re: Half of China's millionaires want to leave country

#94
post #86
post #66

This may add more insight: I'm Chinese (mainlander) myself and I'm not rich (student). All my friends are not rich either. Yet almost everyone wants to leave the country. This is probably due to high real estate prices (around 1M RMB in large cities like Beijing and Shanghai for a decent apartment that can get you a girl to marry you, yet you don't really "own" the property even if you buy it. Technically the state s…

The one child policy of China is pure evil. It's a wonder the forced abortions and these effects don't feature more prominently in this discussion.

And what do you propose is the alternative? Very easy to take a moral high ground when you don't have to worry about the repercussions of over population and strained resources. As the poster said themselves - too many people in China.

Re: Half of China's millionaires want to leave country

#96

Money can buy you bigger houses, fancy clothes, new cars. But it can't buy you freedom, in China. That's why the millionaires leave, to be free.

Americans think that everyone whats to be American. It is all part of a narcissism that is crippling the American economy.

Re: Half of China's millionaires want to leave country

#97

Money can buy you bigger houses, fancy clothes, new cars. But it can't buy you freedom, in China. That's why the millionaires leave, to be free.

Americans think that everyone whats to be American. It is all part of a narcissism that is crippling the American economy.

Re: Half of China's millionaires want to leave country

#98
post #21

This is not necessarily a bad thing for China or a good thing for countries that want these millionaires. I bet after migration many of these millionaires migrate will establish companies that connect with sources inside China for outsourcing. In an economic sense, the millionaires are very much Manchurian candidates.

In Canadian cities like Toronto and Vancouver, you see this very clearly. Many chinese people are technically in Canada, but they never really left their home country. They create a small subcity with its own economy, and huge ties to the homeland. A great deal of them never learn English because they don't have a need for it.

Totally agree, in some parts of Toronto, it's probably difficult to get by without knowing some Chinese (pacific mall anyone?). Even here in Waterloo, which is much smaller than Toronto, you see these kinds of "sub cities" and tight networks among the first generation Chinese.

Re: Half of China's millionaires want to leave country

#100
post #93

Earlier quoted context omitted.

Some cities have worse police departments than others, but I haven't seen any of the Occupy protests assaulted with tanks.

http://en.wikipedia.org/wiki/1992_Los_Angeles_riots Came pretty close to tanks...

That's not the same thing as peaceful protests by students and professionals. Noam Chomsky (!) is on the record saying the US is a very free country. Politically, that is, by which he means the scope of permissible political action is wide not, that it's rate of success is high. He's right.
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