Sunday, May 23, 2010

The Chiness is going to take over the world

I recently went to Hong Kong for a 3 weeks visit. What I saw makes me wonder how long before the Chinese is going to take over this world. Of course, North American, especially people in the US, are going to say - you are nuts. There is no way that can happen!

OK. Before you write me off as a nut case. Let me tell you some background. I was from Hong Kong and am now a naturalized Canadian. I have been in Canada for over 40 years and is well aware what is going on in both the US and Canada.

When I left Hong Kong, China was still under the communist rule. Country as a whole is still a third world country of the third world countries.

Thanks to the stupid and lazy American, who wants to take advantage of the cheap labour, they invested heavily in China after chairman Mao died. They think it is a great capitalist strategy. But what they didn't learn is the lesson from Japan. They think they got Japan as their cheap labour slave. Well, they lost the electronic industry and the automotive industry to Japan. Fortunate for the stupid American is that Japan is NOT as ruthless as the Chinese. So, the American think that they can get away with murder with the Chinese.

Well, get ready for a rough awakening. Hong Kong used to be in the driving seat as far as China is concern. Now Hong Kong is geared for the Chinese to the point that Mandarin is prevalent to Cantonese, which used to be the main language in Hong Kong. If you don’t know Mandarin, you are in a disadvantage if you are in business. The Hong Kong dollar used to be worth a lot more than the Chinese dollar. Now it’s the other way round. When you go to the most expensive shops and restaurants, they are always crowded with Chinese from China. People from China also pushed house price in Hong Kong to unbelievable high value. Thus deprive the common people the chance to own a house.

You may say, so what that is in Hong Kong. Big deal. But don’t forget, China is also doing it internationally. Recently, China bought big portion of Oil Sand Company. Getting into real estates in the States. Both are strategic move. Pollution from oil sand remains in North America while refined gasoline goes to China for consumption. Smart huh! I don’t have to say anything if you understand what I just say about the situation in Hong Kong.

If you don’t believe me, give it 5 years and you will be sorry. But then that is too late.

No comments:

Post a Comment