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.
4 comments:
They think they re immune to drugs.
Alamak, Edelman is a PR/ comms company lah. They specialse in "turd polishing" -- making seemingly worthless shit look "valuable". This includes not only ideas, and products but people too.
...so... I wouldn't trust their "research" at all.
China is "communist" in name only lah. If you say to the typical rich Prada/ Cartier/ Piaget/ Martell Cordon Bleu Chinese entrepreneur/ towkay:
"From each according to his ability to each according to his need", Comrade!
...in less than 10 seconds members of his entourage will beat you up.
The Chinese saying "To be rich is to be glorious" could hardly be described as "communist".
Remember, that a significant number of Chinese fled China's "Great Leap forward", if they weren't part of the 100-plus million Chinese who were murdered by the state.
Communist China is only about 60+ years old...only a decade or so older than PAP-Lee Kuan Yew's Singapore.
Do not forget that red China is catching up with USA on its number of billionares.
The money are now no more kept in and under the pillows.
With credit facility, the Chinese(in China) will behave no differently from the Americans. But, unlike the Americans, the Chinese will be in trouble spending the American Way. Troubles will happen before long.
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