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Author Topic: Mainland China money STARTS POURING into Vietnam  (Read 131 times)

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Mainland China money STARTS POURING into Vietnam
« on: October 25, 2020, 11:02:42 PM »
Mainland China is probably the least invested in Vietnam for geopolitical reasons.  But it seems like they can´t help it if comrades can make their investment profitable.  However, the type of investment is quite parasitic, always in land and real estate.  Comrades will find themselves homeless soon.

https://www.techinasia.com/alibababacked-fund-bets-50m-vietnam-retail-group

Offline Guess

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Re: Mainland China money STARTS POURING into Vietnam
« Reply #1 on: October 26, 2020, 03:19:34 AM »
Dealing with China is like dealing with pimps. You whore out your assets for cheap and the pimp takes most of your money.

gnak

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Re: Mainland China money STARTS POURING into Vietnam
« Reply #2 on: October 26, 2020, 06:49:05 AM »
that's right hiring ugly vietnamese prostitutes to work for you will only get you negative return on investment

https://www.scmp.com/economy/china-economy/article/3018403/chinese-manufacturers-returning-home-inefficient-vietnam


Offline 1r0n_m4n_xl

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Re: Mainland China money STARTS POURING into Vietnam
« Reply #3 on: October 30, 2020, 08:15:10 AM »
Dealing with China is like dealing with pimps. You whore out your assets for cheap and the pimp takes most of your money.

doing business with China is like making a deal with the devil
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Offline gaden

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Re: Mainland China money STARTS POURING into Vietnam
« Reply #4 on: October 30, 2020, 01:49:39 PM »
Chinese factories overseas will usually pack their factories with Chinese workers.  I don't think they will find many skilled Chinese workers in Vietnam.  They will probably move back to China soon.  Vietnam is not favorable place for Chinese.  They might move to Cambodia.

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Re: Mainland China money STARTS POURING into Vietnam
« Reply #5 on: October 31, 2020, 12:25:30 PM »
The CCP has a great fear of a burgeoning middle class.  They rule with strict residence rules so the surplus unskilled labor from the countryside can´t afford to even move to the city to stay.   This practice is carried out by the VCP in Vietnam as well but it really does not work since most Vietnamese live along the coasts.  There is a push for infrastructural projects linking all the provinces from North to South so their residence control will be very hard to enforce in the future.  Sure, they get a ton of bribe money from FDI projects short term but their grip on power will not hold.  Poor people will always go next door to beg and commies are the new barons.  In contrast, the amount of non-urbanized Chinese who live in the hinterland is still quite large.  Pushing them further West is one way the CCP maintains control over the population.  I am not sure how this will play out long term in the future.  It is a double edged sword that the average Chinese is now richer than the average Vietnamese.  This implies that peasant revolution from Vietnam is harder to export to China.






The VCP claimed to international bodies that they are out of land since much of it is used for agriculture.  This is however a big lie as Vietnam is still very spacious and agricultural land is converted to hotels and golf courses monthly.  Even downtown Saigon has a ton of space that they just begin to develop.  Vietnam has a rice surplus for a reason and comrades are not even using high tech farming techniques.






 
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