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.
Half of China's millionaires want to leave country
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Re: Half of China's millionaires want to leave country
#92Earlier 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…
Re: Half of China's millionaires want to leave country
#93Earlier 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.
Came pretty close to tanks...
Re: Half of China's millionaires want to leave country
#94This 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.
Re: Half of China's millionaires want to leave country
#95Hmmm, it's really too bad the US doesn't have enough sense to invite more of these people into our country.
Re: Half of China's millionaires want to leave country
#96Money 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.
Re: Half of China's millionaires want to leave country
#97Money 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.
Re: Half of China's millionaires want to leave country
#98This 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.
Re: Half of China's millionaires want to leave country
#99Re: Half of China's millionaires want to leave country
#100Earlier 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...