Comments on: Asia’s pain unevenly spread as China slows http://blogs.reuters.com/breakingviews/2013/06/25/asias-pain-unevenly-spread-as-china-slows/ Mon, 26 Sep 2016 03:26:00 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: HuYaobang http://blogs.reuters.com/breakingviews/2013/06/25/asias-pain-unevenly-spread-as-china-slows/comment-page-1/#comment-11664 Fri, 28 Jun 2013 01:35:26 +0000 http://blogs.reuters.com/breakingviews/?p=19365#comment-11664 Every dollar invested into the PRC only helps the PRC manufacture more bullets, tanks, bombers and missiles to arm its Peoples “Liberation” Army.

Every dollar spent on a cheap product from the PRC (Made in China) is a spit in the face of Tibetans whose freedoms have been taken away by the PRC through its Peoples “Liberation” Army.

The PRC would not be in a position to intimidate and bully nations like Japan, Vietnam, India, the Philippines, etc, if it were not for the massive injection of western dollars into the PRC economy.

Today the PRC is trying very hard to hide or minimise the fact that it is facing a credit bubble so massive that it will drain most of its dollar reserves when the bubble pops.

It is trying to hide or minimise the fact that many Chinese did not benefit from the so-called PRC boom times since only those families with close contacts within the PRC government have benefited.

In return, these cronies have squandered the economic riches by lapping up foreign luxury goods, traveling to the most expensive cities in Europe, sending their children to posh schools abroad and buying property in Australia (reputed to be the world’s most expensive country).

All this while poor provincial Chinese flock to PRC cities where they are treated like annoying 2nd rate denizens and foreigners in their own land. Discontent and petty riots are commonplace. Is this really where investors should place their money?

This is a plea for investors to invest in your own countries first. Invest in your own peoples education and job security first. If you have to invest abroad, then please invest in nations that are friendly to yours.

Please do not let some banker use your money to prop up an un-elected regime that will only threaten your country and other countries, in return.

Thank you very much.

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