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Yes, that's because much of their parents' wealth that they are enjoying would fall into the grey areas, at best, of Chinese law. Most may very well be illegal. Corruption is endemic, and this is why their parents are so afraid. This money is parked outside because of China's governance weakness, and it's not something to be proud of, especially for a third world country with endemic poverty among huge portions of its population. You couldn't possibly expect all this money to come from clean sources when the national GDP per capita of China is only around $10,000 a year....GIve me a break!
China is working very hard with the US and Canada to develop a way for Chinese officals to be able to investigate corrupt money flowing into the two latter countries from China. Hopefully, Xi's effort to clean up China will put a dent in all this.
I find it amusing that the Chinese real estate agent is all smiles and giggles. At a low end of 4% commission, a 5 million dollar property she sells sight unseen to some Chinese from the mainland would net her how much in commission? That's a lot of money for doing practically nothing.
I would be all smiles and giggles too if i was selected as their realtor. You know how it goes. Once one Chinese buyer likes you, all the other Chinese buyers will like you too. The word will spread. Good for her.
That is true, but even so, they should make every effort to try; some of the first-generation immigrants i've met in Australia sometimes can't even be bothered tl try. English is the lingua franca of the US; at the very least, they can do more to mix around with the wider US society at large instead of forming their own club of "super-rich" Chinese immigrant kids.
Wherever the Chinese go, they tend to coalesce together into their cliques. They help each other, and just as often, they kill and commit crimes against each other in these cliques. Hence you have those tongs and triads who only victimize Chinese. These rich kids have no desire to succeed through hard work because they don't need to. There were several incidents of these people driving drunk and killing innocent people. I am just waiting for one of them to scream at a US cop while getting handcuffed and saying..."I am the son of XYZ!".
Wherever the Chinese go, they tend to coalesce together into their cliques. They help each other, and just as often, they kill and commit crimes against each other in these cliques. Hence you have those tongs and triads who only victimize Chinese. These rich kids have no desire to succeed through hard work because they don't need to. There were several incidents of these people driving drunk and killing innocent people. I am just waiting for one of them to scream at a US cop while getting handcuffed and saying..."I am the son of XYZ!".
You seem to have a lot of stereotypes.
Many young Chinese with rich parents are still well-educated and well-behaved. The same as in all other countries.
In the past, westerners spread all over the world and took advantages of locals. Now some Chinese do that. No big deal.
You seem to have a lot of stereotypes.
Many young Chinese with rich parents are still well-educated and well-behaved. The same as in all other countries.
In the past, westerners spread all over the world and took advantages of locals. Now some Chinese do that. No big deal.
It's not stereotype, and I think it is a big deal. Though you are right that the Chinese are not alone in bad behavior. By virtue of their numbers, their actions tend to magnify. This is what makes China so important in the world, and it also gives the Chinese a much bigger share of the responsibility to take care of this world than other people.
I live in Los Angeles and we had a rich Chinese international USC grad student as an intern last summer and she would drive her Tesla to work. She was really nice and wanted my company to sponsor her by hiring her but we did not. Many of my co-workers said that she wanted to be sponsored so she could stay in the USA after finishing grad school and not because she needed a job. She was HOT though.
I live in Los Angeles and we had a rich Chinese international USC grad student as an intern last summer and she would drive her Tesla to work. She was really nice and wanted my company to sponsor her by hiring her but we did not. Many of my co-workers said that she wanted to be sponsored so she could stay in the USA after finishing grad school and not because she needed a job. She was HOT though.
After she graduates, her student visa expires and she must have a job to keep her legal status. This is what H1B visa is about. H1B visa has a cap, 65,000 each year.
However, H1B visas are not only issued to those who studied in the US. In fact over 70% of them went to Indian nationals last year, and most of them were not in the US.
Mainland Chinese has become the largest source of ethnic Chinese people living in many countries. In the 1990s, most ethnic Overseas Chinese originated from Taiwan, HK and SE Asia. Most Chinatowns were originally dominated by Cantonese and Taishanese.
Nowadays, there are 2 types of immigrants from Mainland China, rich ones and poorer ones.
A third type is birth tourism in the US, those who can afford this type are mostly middle class.
Mainland Chinese has become the largest source of ethnic Chinese people living in many countries. In the 1990s, most ethnic Overseas Chinese originated from Taiwan, HK and SE Asia. Most Chinatowns were originally dominated by Cantonese and Taishanese.
Nowadays, there are 2 types of immigrants from Mainland China, rich ones and poorer ones.
A third type is birth tourism in the US, those who can afford this type are mostly middle class.
Many Chinese immigrants came here as students, especially graduate students, and then found a job after they finished.
The poor ones you mentioned are usually from Fujian, and some from the northeast. Not a lot now.
As immigrants, they want to get out of China, that should be fine; but they should do more to integrate with the rest of the US if they are migrants to the US; I see zero integration (admittedly from only a few videos) and that is not a good thing.
Why is it not a good thing? they can do what they want.
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