You are viewing a single comment's thread from:
RE: Confronting the Dragon Part 3: The World is Losing Patience.
Thanks for the great history lesson. I am in Hawaii and we see a rapidly growing Chinese influence on our economy as they are snapping up real estate. This is driving the prices up, and since wages are relatively low in Hawaii, since the economy is basically service oriented, it is making it hard for the locals to afford to buy real estate. Upvoted and followed.
Thanks for the upvote!
Financially, I don't think that Chinese influence is going away. The only way to reverse it would be to pass some kind of law against foreign citizens owning land (which a lot of countries do have, in all fairness), but that's not exactly in America's mindset. However, as Xi clamps down in China I think you're going to see a lot of the Chinese who bought those houses moving to Hawaii and looking for citizenship. The number of wealthy and educated citizens over here in Beijing who are getting uncomfortable with the way Xi is trying to be the next Mao, is absolutely staggering, and a lot of them are getting ready to jump ship.
...Well, either that or Xi will deny their emigration permits (yeah, you have to get the CCP's permission to move) and use the presence of land owned by Chinese to actually try and act on his moronic boast about trying to claim Hawaii, but I think even the CCP knows that would invite a full-scale military response.
Anyway, thanks again for the upvote and the follow!
I agree. I can't believe that Xi is doing the term limit extension, but then again why not if you have the power, and are a control freak. No wonder President Trump liked it. I can't imagine the Chinese government would stand for the rich leaving the country.