Unbelieveable! Up to 30 years ago, communists are the parallels to poor, uncouth, ruthless and revolutionaries. Today the communists are the new rich, the big spenders. They are travelling the world using their communist passports and welcomed with red carpets, to spend their communist dollars. The top fine arts auctioneers, the top luxury car makers, the top jewelry and designers, are all queuing up to wait on the communists as their best clients.
What else is new? Who would become the new beggars of the 21st Century? We used to have tourists from the US, Japan and Europe. But these were the retirees and many have gone broke because their pension funds were washed down the drain by the crooks in Wall Streets.
The rich communists are the new rich entrepreneurs, young and vibrant, princelings and children of the nouve riche. And they are seen as the big spenders. The communists are big spenders! They don’t go to Chinatown for cheap handicraft from China. They marched into LV, Gucci, Prada, Coach in Orchard Road with sacks of cash.
Strange indeed. And stranger still, China is the most trustworthy country in the world, UAE number two, ‘according to the ‘2012 Edelman Trust Barometer, an Edelman Public Relations annual trust and credibility survey run across 25 countries. The global online survey measures trust levels in four key institutions - government, businesses, non-governmental organisations and media.’ Singapore comes in third.