^ exactly. and if you know a little about their form of government (and perhaps what their official name is for their country), you'll understand my tongue-in-cheek posting.

 

Since I live in Hong Kong and regard myself as having sufficient understanding of China's current movement, I have several things to add and clarify about your remarks.


First, judging from the license plates on the cars, I am more than certain that these Ferraris do not belong to mainland Chinese, but, rather, from Hong Kong Chinese. It was weekend drive from Hong Kong to Beijing. But, there are indeed several Ferraris owned by mainland entrepeneurs, including the new Enzo Ferrari.


Regarding your comments about Chinese's ability to earn enough money to buy these exotic cars, even high government officials would not bathe in such ostentatious display of wealth accumulated from corruption, for fear of arrest or death sentence.

The real wealthy mainland Chinese do not show off their wealth, especially those who felt firsthand the brutality during the Cultural Revolution.

Communism in China is now a distant bygone memory, capitalism has replaced the void. People with entrepenural spirit are enjoying the gradual openning of China's market, which is attracting billions of dollars in investments;just look at the US trade deficit for clear evidence.

Companies like GM, Ford, Dell, and Wal-Mart are going all out to invest in China, hoping to grab a stake in such an infant market. Not to mention telecom companies such as Ericsson, Nokia, and Motorola: Did you know that China has more than 450 million mobile phone users today?

Fast food chains such as Starbucks, KFC, and McDonald's has been in China for years.

Listing on the stock market, especially in the US Nasdaq, has created billionaires. Just your stock brokers about companies such as Netease and Sohu.com. Yes, these Internet stocks did suffer during the Internet crash but have rebounded recently.



I hope what I just wrote helped clarify and update your understanding of China today.

 

[QUOTE]Originally posted by Jeff964
Since I live in Hong Kong and regard myself as having sufficient understanding of China's current movement, I have several things to add and clarify about your remarks.

 

true

 

[QUOTE]Originally posted by VTEXTC
Personally, I'd take the 80s-esque Maserati on the right side of the first pic.

 

[QUOTE]Originally posted by Jeff964
Since I live in Hong Kong and regard myself as having sufficient understanding of China's current movement, I have several things to add and clarify about your remarks.

 

I don't understand the whole "I'm from Hong Kong China, not China" as if it is two nations. Come on, Hong Kong was never its own country to begin with. I don't have anything against Hong Kong people but lets be real here- Hong Kong is part of China. Who cares what part of China these millionaires come from- my guess is that most are from Shanghai. Hong Kong has peaked out in terms of economic growth.
I agree with you whole heartedly in regards to the rest of your entry- just not the portion where you differentiated Hong Kong Chinese from Chinese.

Oh, and if you are ever in Shanghai- you'll see the most perverse and opulent displays of wealth in the world.

"It's a Capitalist dream in a Communist China" - Paraphrased from 60 Minutes

 

[QUOTE]Originally posted by Sen
I don't understand the whole "I'm from Hong Kong China, not China" as if it is two nations. Come on, Hong Kong was never its own country to begin with. I don't have anything against Hong Kong people but lets be real here- Hong Kong is part of China. Who cares what part of China these millionaires come from- my guess is that most are from Shanghai. Hong Kong has peaked out in terms of economic growth.

 

I agree. It is in many ways similar to how Scottland and Ireland is to England. They're all British, yet all have their own cultural differences that may be hard to compreshend to the outsiders, unless you grew up ot have lived there extensively. On the same note, this also apllies to the people of Taiwan, whom are non other than Chinese.



Clint

 

chineese mafia all right there... saying HI