China - Demographics and Economy
China’s Demographics and Economy Overview Overriding any economic discussion is that China is a totalitarian state and its political elite will not tolerate any independent source of power or wealth - sees them as a threat. All individuals are monitored and rated; a low score can have consequences. A member of Communist Party is planted in every large corporation, and probably most small corporations, to watch owners and managers. As a result, many entrepreneurs are scared to make decisions. Many wealthy people want to leave China. A huge amount of wealth is being smuggled out of China. Sales of many foreign firms are falling. American car companies in China are losing money. Net Foreign Direct Investment (FDI) is negative - foreign firms are taking more money out of China than new investment going into China. A large part of foreign investment was Southeast Asians speculating in housing. There were always a lot of empty apartments held for price appreciation. Many Chinese famil