4. You're from Singapore. Singapore built an entire city in Suzhou as a model for positive economic development. What happened after that? Chinese local gov't duplicated it next door and undercut it via lower tax rates. Par for the course.
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I appreciate your responses, which for the most part I agree with, but at the end of the day, there is nothing more to say. You think it's .5% or whatever, I think it's 5-10% over a 10 year horizon. We're all just ultimately guessing.
That said, it's obvious to anyone who doesn't have their head up their ass or you know...knows China, that China is increasingly anti-market and anti-foreigner, so take your chances.
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Last thing I'll say about this topic. Go look at how rich Chinese invest. Foreign real estate. Why? Because they trust American rule of law over whatever China says it has.
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I think your ad hominem says it all. Rich Chinese investing in foreign real estate does not necessarily suggest they trust American rule of law. Rich non-Chinese invest in Chinese real estate too.
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