J
jmoney74
Guest
I wonder if I can buy one of those abandoned cities.. like the one that looks like Paris. Then make myself mayor?
Irvinecommuter said:Yup...the US is Chinese FCB's escape hatch. Doing business in China is a seriously unpredictable proposition. Government can seize your property/factories at any given moment. Your connections with the CCP can vanish in a second. There is no legal/judicial recourse and intellectual property protection is a pipe dream.
The rich in China have no delusions about the Chinese economy. They are basically in gold rush mode. Get as much money as they can in as short of time as possible. Stash as much of it outside of China as possible and then bail on China if thing go bad.
iacrenter said:Irvinecommuter said:Yup...the US is Chinese FCB's escape hatch. Doing business in China is a seriously unpredictable proposition. Government can seize your property/factories at any given moment. Your connections with the CCP can vanish in a second. There is no legal/judicial recourse and intellectual property protection is a pipe dream.
The rich in China have no delusions about the Chinese economy. They are basically in gold rush mode. Get as much money as they can in as short of time as possible. Stash as much of it outside of China as possible and then bail on China if thing go bad.
Then again look what is happening to the Russian oligarchs. If China and the US get into a pissing match over Taiwan, NKorea, or some tiny islands in the Pacific, then Chinese owned assets in the US won't seem so secure anymore.
jmoney74 said:I wonder if I can buy one of those abandoned cities.. like the one that looks like Paris. Then make myself mayor?
zubs said:It's funny when you think about it.
We use our excess capital and resources to build this
and then give it to other countries as "foreign aid"
While China uses their excess capital to build this
I wonder which one is a better use of resources.
thevine said:Doesn't sound like Chinese FCB are going to dry up anytime soon
http://www.latimes.com/business/la-fi-chinese-homebuyers-20140324,0,5923659.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29#axzz2wtN5s586
aquabliss said:thevine said:Doesn't sound like Chinese FCB are going to dry up anytime soon
http://www.latimes.com/business/la-fi-chinese-homebuyers-20140324,0,5923659.story?track=rss&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+latimes%2Fmostviewed+%28L.A.+Times+-+Most+Viewed+Stories%29#axzz2wtN5s586
Is it just me, or does Tom Chow look white with half asian kids? Maybe he took his wife's last name?
http://press.anaheimoc.org/press-re...st-chinese-mice-group-coming-orange-county-caThe Orange County Visitors Association (OCVA) and the Anaheim/Orange County Visitor & Convention Bureau (AOCVCB) announced that Orange County (known worldwide as ?The OC?) will host Perfect (China) Co., Ltd this May. This international conference represents the largest singular group meeting from China to ever visit the United States.
The Perfect (China) Co., Ltd conference will hold this 7,000-person meeting of top-tier direct marketing professionals from May 19 to June 2, 2014. During this time, attendees will have an opportunity to experience Orange County?s beaches, shopping and other tourism attractions
CITS estimates that $85 million dollars will be generated in the Anaheim /Orange County area as a result of this international group event.
http://shanghaiist.com/2014/05/29/7000-strong-chinese-tourist-group-takes-over-la.phpFor their week-long visit, the group has settled into 26 hotels across L.A. and taken up some 160 tour buses for sightseeing. The tourists are reportedly dropping a daily average of 2,500 USD each, four times the average for Chinese tourists.
Goriot said:China housing slump sparks fears for economy. Anticipating slow down of FCBs?? Potential ripple effect on Irvine housing?
http://finance.yahoo.com/news/china-housing-slump-sparks-fears-economy-065619966.html
It's funny when you think about it.
We use our excess capital and resources to build this
and then give it to other countries as "foreign aid"
While China uses their excess capital to build this
I wonder which one is a better use of resources.