Don1!!!.......The Chinese won't quit. They're

[USAF]

coming STRONG.
I have business "interests" in real estate, IT & biotech, and for the past 2 years we've been inundated with offers to buy some of these ventures in Silicon Valley, Oakland & Detroit.......They've been acquiring companies and real estate, and I heard the Qataris are also going after real estate.

[Sir X]

Old news.

[Don1]

coming STRONG.
I have business "interests" in real estate, IT & biotech, and for the past 2 years we've been inundated with offers to buy some of these ventures in Silicon Valley, Oakland & Detroit.......They've been acquiring companies and real estate, and I heard the Qataris are also going after real estate.

Yes China is accelerating its purchase of foreign assets worldwide....Even in JA where it has become by far the largest investor.

Chinese people (generally) prioritize saving over spending. Many save 30%-50% of their income. So consumer debt is low and consumer spending is insufficient to keep growth at the required 7%+. America is almost the exact opposite

The Chinese economy is overstretched and debt ridden however. The govt has allowed an over-investment in industrial/manufacturing/commercial capacity on borrowed money. It's approaching Japan with humongous internal corporate & govt debt.

So they have to look abroad to utilize spare industrial capacity that the domestic economy cannot absorb due to a slowing of exports and an underdeveloped consumer culture. If they're unsuccessful it may result in a huge crash AKA the "hard landing" that pundits speak of.

Of course they're also trying to acquire critical foreign technology and a "safe haven" for their excess capital via real estate investments abroad...Which goes back to your situation

[Gamma]

The Chinese know how to do business ..... Time and again they have gotten the better of other economies.....

It's their long term approach...

[Sir X]

Spoke to my chinese Jamaican friend - went to Ardenne high and Prep with me , 3 rd generation chinese you wouldnt tell unless he opened his mouth - imsay dem cold , dem nuh ave nuh mercy in business , tek all dem profits in JA , convert it to US and send it back a CHINA- dem nuh put nuttin nack inna di country ,and di government wikid , sell dem citizenship fi a 120K.

A suh mi get it , a suh mi a tell it.He did admit they are good for real estate in that their influx has resulted in an increase in rental prices in Kgn.

[Muadib]

I hope the Jamaican Diaspora is doing the same..

[Sir X]

From what I see , we put back into these migaratory nations ,through community service , private & public service , businesses and political.

[USAF]

It's like Missa Chin don't understand NO.......They're going hard for the biotech, BUT they couldn't get this, even if we wanted to sell.

[Don1]

It's like Missa Chin don't understand NO.......They're going hard for the biotech, BUT they couldn't get this, even if we wanted to sell.

Mi si yuh pawdie..

Doan ben' dung tuh Missa Chin...ar nuhbaddy else fi dat matta