A nostalgia for a time gone by. PRC will bid its time. When the Basic Law ends, PRC Law will automatically take effect. Nothing can change this. After all, Hongkong was just a lease to UK for 99 years.
Hongkees should adapt themselves to the new realities. Expensive housing is not PRC's making. It is the fault of British colonist which practise unbridled capitalism.
The communism practised by PRC is not the original communism espoused by Mao or Marx or USSR. They wanted to make an equitable society by making everyone poor.
The communism practised by PRC now intends to make a more equitable society by making its citizens rich. This makes a great difference. Hence, PRC is neither communist nor capitalist.
Spot on !! Posted by Negan > Jul 26, 2019 8:42 PM | Report Abuse
Honestly, hongkies would be better off under CCP! Those who protest are stupid youth! If CCP takes over, hongkies will beneit tremendously from cheap housing! Enough exploiting hongkies!
Take Senzhen for example! The quality of life in Senzhen is superior that those in Hong Kong! Hongkies are living in total sh'thole to be honest!
The young hongkong protesters were being fooled and used by the opposition politicians and the media . The majority of young hongkees are " poor " relatively in the sense that getting a roof is almost impossible . A 280 sq.ft " studio unit " cost about HK 1.5 million . This is more than HK5000 per sq.ft. The rich Chinese excercabated the problem by buying the Hongkong properties in the last few years .These young students do not understand that the current Hongkong problem is caused by the "over capitalist " system inherited from the British . Hongkong housing policy need to be revamped . The Hongkong government should emaluate SIngapore housing policy . Impose heavy taxes on foreigners buying HK property. Start equivalent non profit HDB housing . Implement NTUC fair price for sundry goods. These are Socialist system which help the poorer masses . Unfortunately China do not have " socialist " housing system like what Singapore did . Housing in the top tier cities like Beijing , Shanghai, Guanzhou, Shenzen are also beyound reached from the working middle class. In this sense , Singapore are more socialist than China .
Hongkong can also emulate Malaysian housing policy by forcing developers to build low cost or affordable housing which is socialist in nature . The not so competent and not so smart poors are always at the disadvantaged in the capitalist system which favours the survival of the fittest . Only the Capitalist with Socialist Characteristics system will help the majority of hongkees . Demanding for democracy from China at this moment is the stupidiest when the British had never practised democracy for 155 years during their coloniation . At least the current government cabinets were elected from Hongkong citizens . During the British rule , only British can be the chief for Hongkong . The chief was also appointed not elected .
There are 800k chinese student studying in USA including XI JinPing's daugther. If China is so great why the migration of Chinese to USA, Canada , AUstralia and UK is far - far far more than Chinese migrating back to CHina. I have heard of many Malaysians migrating to Spore, Australia and USA. But never once I heard of Chinese migrating back to CHina. And one more thing, Chinese medicine doesn't cure anything. Is a big scam. IS a huge scam. Everyday, rich mainland Chinese people are buying up dairy product from AUstralia and New Zealand.
Everytime there is a trade war, RMB is going down. Every top elite investor will tell you that China's economy is weaker than USA. Because all the rich Chinese mainlander want to park their money overseas. It took China 20 years to accumulate USD3 trillion but in 1 year, when CHina try to liberalize the currency, rich mainlander withdrow USD1 trillion out of China to invest in Australia, UK, Canada, USA. THat shows the Rich chinese mainlander don't trust their own Communist government.
80% of world trade are transacted in USD. Even when I import containers of goods from China, my China supplier wants me to bank in the money to Hong Kong in USD. They prefer USD. That shows you, people of the world trust USD. Only losers who fail in doing business in Malaysia and CHina trust Communist Chinese GOvernment.
How are HongKongers poorer than Malaysia. Hong Kong's clerk salary is 8k a month compare to Malaysia. HKD is 3.8 times or 4 times more worthy than Malaysian ringgit. They can travel to Australia, New Zealand, Europe and Japan with the same cost of living.
Everybody knows, there are a lot of wealthy mainlander. But on average, people of Taiwan, Hong Kong and Singapore have far better buying power compare to average Mainlander. Only 9% of Chinese mainlander owns a passport.
ON average, Singaporean earns USD100,345 per year, HongKongers earn USD64,216 per year, Taiwanese earns USD53,023 per year, Malaysian earns USD30,860 per year, CHina earns USD18,110 per year. On average, Chinese Mainlander are poorer than Singaporeans 5.5 times, poorer than HongKongers, 3.55 times, poorer than Taiwanese about 3 times, poorer than Malaysians about 1.6 times. Your perception is very different from what is actually happening in the country.
Taiwan, Hong Kong should be independent. China's population is 1.3 billion and USA population is 300 million. By right, China's economy should be 4.3 times of USA. But is nowhere near USA GDP per capita. Throughout China's history has always been fighting among themselves starting from Qin Dynasty all the way to the 3 kingdoms. Chinese rulling party like to dominate and cause suffering to their own citizens. That is why so many CHinese has migrated out of CHina. There are everywhere in the world. And they are happy and will never migrate back to China.
Qin Shi Huangdi is a crazy narccistic egomaniac person who forcefully united all the kingdoms in China. China will be better off, if Hong Kong, Taiwan, Guangdong and Fujian are run independently on their own. Anyway, when everybody is happy, everybody will trade with one another even more.
At one time, Chairman Mao initiated the "Great Leap FOrward" policies that drives all the farmers to go into industry causing huge famine in China. 40 million CHinese mainlander die of starvation. That is why all our grandfather or great great grandfather migrated out of CHina. If China is so great, why don't those fellows who are so pro-CCP goverment migrate back to China. Try to start a business there. The environment is 3 times more harsh than Malaysia.
Real true genuine CHinese people are the CHinese who loves freedom, democracy and rule of law, justice and human dignity. Majority of them are Taiwanese, HongKongers, Singaporeans and all the oversea Chinese in Thailand, Malaysia and throughout the world. Only small minorities of CHinese in Malaysia, Thailand, and those monopolistic rich businessman recognize XiJinPing as their father. IN China, there is no rule of law. IF your father is XiJinPing or related to some of the high ranking officials in China, you basically is the law and you can go and setup business and destroy other genuine business by using CHinese government money.
ONe more thing, Chinese medicine is rubbish. There is no science of proof of evidence behind this 5000 years of grandmother story about CHinese medicine. Doesn't cure anything. If the Chinese don't use science, or don't embrace science, then Chinese will be look down as a primitive race.
Qualcomm controls 59.6 percent of the $15.3 billion market for 4G modem chips in. Without american qualcomm chips, Huawei got no phones. Chinese technology has long way to go before catching up with USA. All the software in the world are written in English. Even hackers who want to hack into your computer of software also need to learn English. For those Chauvinistic chinese, stop romantizise your 5000 years of Chinese history. IT doesn't help to cure cancer.
ON average, Singaporean earns USD100,345 per year, HongKongers earn USD64,216 per year, Taiwanese earns USD53,023 per year, Malaysian earns USD30,860 per year, CHina earns USD18,110 per year....
May I know where u get this from? Malaysian earns USD30,860 per year x 4.18 (current exchange rate) = RM 128,995/ year!!!! ???????
Every institutional investor knows that mainland China has long way to go. They are still copying and has very low protection of IP rights. That is why, many Chinese scientist are working in USA and many of them are not going back to CHina.
The top 10 pharmaceutical Companies in the world:- 1)pfizer 2)Novartis 3)F.Hoffman - La Roche 4) Merck and Co. 5)Johnson & Johnson 6)Glaxo Smith Cline 7)Sanofi 8)Abbvie 9)Bayer AG 10) Eli Lily and Co.
Most of the latest cancer medicine comes from these companies. And none of them is Asian company. Of course not the chinese that sells Bird Nest.
WHen come to high-end research, China has long way to go before catching up with the western world or even Japan. China does not honour IP rights and therefore, most smart Chinese scientist work in USA.
Google, microsoft and USA chip making machinese dominate the world. KFC, Mc Donalds, Starbucks dominate the world in Cafes and restaurant. Who dares to use a Chinese made operating system in his computer?
Negan, when are you going to create a operating system that everybody in China will use? Instead of using android or microsoft software. USe the one you made. Use those Chinese medicine to make software and operating system. Use acupuncture and taichi to make software and semiconductors.
Negan, is it true, last time Chinese people got "heng gong" and can jump 20 feet off the ground on to the roof. Why don't they win olympic gold medals for high jump and long jump?
Negan, don't be a hyprocrite. You are using USA microsfot and Android phone. Don't be a hypocrite. Without knowing how to use computer with made in USA microsoft software , you will be lowest paid animal on this planet earth. You will be like those foreign worker in Malaysia working at the construction site and plantation site. Even the myanmarese waiter in restaurant knows how to use a computer with USA made microsoft system.
Negan, did you visit the shaolin temple and learn "iron testicle" kung fu. That should be the most valuable skills in this modern world. You can help CHina to beat the world with the "iron testicle" kung fu. What the hell are you doing using computer with made in USA software.
To be a smart investor, please get information from trusted sources. Not from Chinese Communist Party run propaganda machine. This guys are just mouthpiece of the rulling party just like Utusan and RTM and TV3.
Most of the highest technology and intellectual properties are still from the western countries because of free speech, independent press and rule of law which protects individual choice, freedom of speech and religion. Unlike China and some of the Arab countries which suppress and oppress their own people. Therefore, the talented and smart people eventually will end up in those places.
USA still has the strangle hold on most of the high technology semiconductor and medicine and science. China has 5000 years of history which is being brainwashed down their citizens over and over again. Those are false pride just like what UMNO did to the Malays in Malaysia.
80% of Chinese list companies in Chinese stock exchange are run or indirectly own by Communist Chinese PArty. They are not genuine run business. They take the government money and hire as many chinese people as possible to make their company powerful and export all these cements, plastic and steel at below cost price to destroy all other companies in the world.
Jack Ma the founder of Alibaba and Pony Ma, the founder of Tencent are also Chinese communist party member. They have pledge their loyalty to the Chinese Communist Party. In other words, their Father is Xi JinPing.
VM Wong ,the per capita income of HK is US 50k while for Singapore it is 64k in 2018. As for Malaysia it is 11k. Shenzen with a population of 20 million is about 30k. Despite HK per capital of about 4.5x of Malaysia. I dont envy th because the house price is 10x of malaysia.If the Hongkees were to enjoy a condo of just 1000sq ft, they have to pay about 5 million HK dollars.Their whole life salary will be.spent on just housing alone.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Taehyung
187 posts
Posted by Taehyung > 2019-07-26 22:01 | Report Abuse
Stupid Hongkies !