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China should make amendments to laws that bar Chinese citizens from setting up business in China...
...IF certain % of their family wealth are stored overseas.
We don't need people that take advantage of our market and workers, just so they can transfer their wealth abroad..๐งต
...IF certain % of their family wealth are stored overseas.
We don't need people that take advantage of our market and workers, just so they can transfer their wealth abroad..๐งต
Some might say "this will scare investments away."
I say good, China is at a stage of development where we don't need low quality investments that doesn't benefit China in the long term.
I say good, China is at a stage of development where we don't need low quality investments that doesn't benefit China in the long term.
Others might say "this wills scare talents away"
The richest strata care more about new opportunities than existing wealth.
Force them to choose, most of the useful rich would choose more opportunities.
China is that opportunity, take it or leave it.
The richest strata care more about new opportunities than existing wealth.
Force them to choose, most of the useful rich would choose more opportunities.
China is that opportunity, take it or leave it.
Many in the capitalist West do not understand the rich.
They should be a tool of the state NOT the target of worship, in the face of state power, they are puny.
Many act with impunity, because the state itself doesn't realize they are the "opportunity" the rich need to survive
They should be a tool of the state NOT the target of worship, in the face of state power, they are puny.
Many act with impunity, because the state itself doesn't realize they are the "opportunity" the rich need to survive
The people/ consumers are their sustenance.
The People should have the power, not the rich.
But It's the reverse in most countries because of the existing US hegemony.
Where the US controlled financial system "rate" countries on investability.
The People should have the power, not the rich.
But It's the reverse in most countries because of the existing US hegemony.
Where the US controlled financial system "rate" countries on investability.
Hence, countries surrender their sovereignty to the rich.
President Xi's Common Prosperity drive destroys this injustice.
He doesn't care about the glib-tongued Jack Ma, if you don't follow the rules, and contribute to the state then we'll find someone else to run your business
President Xi's Common Prosperity drive destroys this injustice.
He doesn't care about the glib-tongued Jack Ma, if you don't follow the rules, and contribute to the state then we'll find someone else to run your business
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