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I guess they should be prepared for reciprocal actions. They bought up a lot of strategic real estate sound the world including in Europe
by rorykoehler 6y ago
I guess they should be prepared for reciprocal actions. They bought up a lot of strategic real estate sound the world including in Europe
- marcus_holmes 6y ago"they" being the CCP, or high-net-worth Chinese nationals attempting to get their money out of China? Because if the latter, then the CCP is not going to give a monkey's what happens to that property. The CCP has been trying to stop rich Chinese from investing outside China for years now.
- rorykoehler 6y agoCCP. I’m talking shipping ports, infra investments etc
- marcus_holmes 6y agoI'm no expert, but I understood that those were more "diplomatic" investments. The ports in Sri Lanka, for example, are impractical and unused, their function fulfilled as soon as the deal was agreed.
- rorykoehler 6y agoThey've bought over a dozen existing shipping ports in Europe https://www.npr.org/2018/10/09/642587456/chinese-firms-now-hold-stakes-in-over-a-dozen-european-ports?t=1610422626602 https://www.npr.org/2018/10/09/642587456/chinese-firms-now-h...
- marcus_holmes 6y agoThat's interesting, I didn't know it was that widespread. Thanks :)