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Posts: 7204

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Q: Show me the Money!

China make a Sh't load  of money from exports but does not seam to put anything back into the lower classes

after 1st hand experience of there medical services here and the state of well just about everything

where is all the money going?

10 years 49 weeks ago in  Money & Banking - China

 
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Comments (7)
Posts: 1876

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Not into grammar or spelling lessons, that's for sure.

philbravery:

My lack of Gamer and spelling is a product of the Australian education system laugh

10 years 49 weeks ago
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DaqingDevil:

@philbravery....mate I can't quite agree with that comment.

10 years 49 weeks ago
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10 years 49 weeks ago
 
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Why waste money on a hospital when it can be used to buy a decent bottle of baijiu? Governments must work to priorities. Popularity does not run a nation, ganbei's do!

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10 years 49 weeks ago
 
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relax guys .... I suspect all the money is in research and development of the Chinese Dream ...... won't be long and all will be well ....  the first thing will be health and well being for the populace......    ... then moon travel ...... then saturn travel, skipping Mars ,,,,,,  then some thought on dairy products, (minimal) because it is useless ......  if the girls tits don't produce, well how in the hell is the country to help her? ..... and she should be working anyways, instead of breast feeding ....so there........

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10 years 49 weeks ago
 
Posts: 520

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I would like to give you some hints and maybe you'd like to check them out yourself.

I always have a strong feeling mixed with anger, fear, desperation when I talk about China's problems. It's a big reason  why I am not that active here as I used to be.

 

You mentioned exports and lower class. I don't know enough about economy and trades. But I think the lower classes labors are exploited to hell. It also has something to do with the industry chain. Chinese factories are usually at the end of the chain which could make them only get less than 2% profits of the product (the Apple products as example)

 

 

I would say the most important reason is corruption:

Now here are some hints:

1) Check the total wealth amount of China's congressmen

2) Check how much the former deputy chief of National Development and Reform Commission has corrupted.  Keep in mind he had been in charge of China's economy reform and development. Everyone who bribed him must have gained a lot more than the bribe itself. Nobody would do non-profit but risky thing. 

 

3) Think about the consequence of such corruption.  The corrupted money should have been invested in education, medicare, scientific research, poverty rescue. But now the corrupted money is in the foreign banks,or used to buy Ferraris and LV bags, and wasted on other useless luxuries and real estates in foreign countries. 

 

4) 87% of Chinese elites in science and engineer fields chose to stay in foreign countries. Their intelligence should have been used to solve China's problems and help China develop better. But some reasons make them choose to stay in North America/Europe/Oceania. 

 

Oh I don't want a mental problem. Ignorance is a bliss. 

 

philbravery:

Thanks for your honesty

you have my vote

10 years 49 weeks ago
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crimochina:

answer of the day

10 years 49 weeks ago
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DaqingDevil:

Maybe answer of the week - and it's only Tuesday.

10 years 49 weeks ago
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10 years 49 weeks ago
 
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I think eventually Chinas wages will go up. It has to start trickling  down some time. I was actually shocked to see how a C country actually works.  What happened to the ideology?

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10 years 49 weeks ago
 
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got it all right guy ...... oh China ..... rich get richer ...blah blah blah   ....  but the people will fight back and then we got chaos (mid east) .......... I believe that the best progress in the whole flipping world, as slow as it may be, is being made in China ..... ....    slow down the corruption, working on it........good.......long drawn out story ...

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10 years 49 weeks ago
 
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just remember .....the Rockefellers and the Kennedys ...some real smart guys, to lead you

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10 years 49 weeks ago
 
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noIt's not going to you so you don't have to keep your hopes high. It's 'seem' not seam and 'their' not there. I often wonder if you've ever graduated from highschool. He he, I said: "keep"! (Drunk!

Mr_spoon:

JUST BAN HIM FOR FUCK'S SAKE

10 years 49 weeks ago
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TedDBayer:

His posts are getting stupider, and he can't take a hint, screw that, can't take a get lost MF. Ever notice he can post about anything except having a girl friend?

10 years 49 weeks ago
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10 years 49 weeks ago

There are cookies, bookies and too many rookies for me to sit here trying to be a hooky! Looky Looky don't call me a wooky. Touchy Touchy Feely Feely Spicy Spicy Nicey Nicey & that's what the doctor Ordered!!

 
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