Li Ka Shing made his fortune under the British colonial rule and continued to prosper under Communist China. It is natural and prudent for him or anyone to want to divest his assets all over the world to protect them from any negative developments in China. He even took on Canadian citizenship for added measures. A large portion of his assets are now outside Hong Kong and China, with a big chunk in UK and likely in Canada as well.
The short history of modern China following a revolution and civil war was masked with big upheavals and major social and economic changes and reforms. The redistribution of wealth and land from the rich and landlords to the peasants and poorer citizens did not go down well with the rich landlords then and now. Memories of wealth and land changing hands are still vivid in the minds of the nouveau riche in Hong Kong and China.
The China then and now are totally different. There was nothing much left in the country to be shared or distributed to the people in the early days of the revolution. China today is a country of aplenty. The state and the people are very rich relatively and in real terms. There is no reason for the state to want to confiscate the wealth of individuals that have made good. What the individuals have, the billionaires and trillionaires are insignificant to the national wealth of China as a nation. The fear of the state stretching its arms to dip into the wealth of individuals are minimal today. Only badly run states and poor states, dysfunctional states, corrupt leaders, would turn to steal from its citizens like in the USA and western bankrupt states.
Li Ka Shing's wealth and the wealth of the many newly rich Chinese citizens are relatively safe in China unless crime and corruption are involved. At least they are many times safer than in the USA or western countries when rogue govts calling themselves democracy would have no qualms to rob individuals and nation states of their wealth parked in these rogue states run by scoundrels and unscrupulous cheats. The risk of Li Ka Shing's Cheung Kong Hutchinson being 'cheong kong' ie confiscated or robbed in Hokien, by the angmohs are many times higher than in China or Hong Kong. After all Li Ka Shing from any angle is anything but a Chinaman that have no real rights in angmoh countries when the situation changes.
In a crisis, the angmoh govts would not be there to protect the assets of Li Ka Shing. They would be salivating on the first opportunity to seize it when it comes. Only China has the interest and obligation to want to protect Li Ka Shing and his wealth. Li Ka Shing must always remember, only the motherland would be there to protect and save him in a crisis. 只有祖国能保护你.
6 comments:
Super Li will have his wealth "stolen" by the angmohs in the near future if he dares to sell his 43 ports incl Panama to UAssA Black Cacoon, he and his family members will be in deep trouble will doing business in PRC or even internationally.
Despite all his wealth, without a strong motherland to protect him, he is like a fish out of water, at the mercy of the white men.
With so much money, Li Ka Shing is like a stateless person in Canada. He is nobody in Canada and would never be recognised as one of them.
He is already viewed as a traitor to the motherland. He won't be welcomed to do business in PRC.
Li Ka Shing could live a life of great dignity and walk the corridors of power. He could be remembered in history as a respected member of China.
He is now an economic refugee, earning infamy as a traitor of his country. How stupid can he be? He does not have to sacrifice anything, not a single cent, to live with honour and respect by the Chinese people.
Aiya GREED knew No Bounds
The mantra that must paid those with high remunerations and prevented them from been corrupted holds no water.
The more water they had the more they wanted.
High Officials, ordinary beans and businesses oligarchs.
So many already their wealth could last generation's but still corrupted and yeaned to have more!
What's said you Mr Nasib and those with Tons of cash and gold bars and also luxury items and also Brompton Bike ah?
Not forgetting also Lap Top Computers.
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