China’s economy has become a disaster for Chinese investors. If you invest in a real estate company that company could go bankrupt and burn your investments. If you invest in a tech company, Xi Jinping might kill it. If you invest in the manufacturing powerhouses, a COVID outbreak could lead to industrial shutdowns. In any case, your investments will go down the drain.
And add to it, a Maoist Xi Jinping who is showing all signs of murdering businesses and nationalizing private wealth. So, Chinese investors running for cover and are impulsively investing in every one of China’s enemies and now they are coming to India.
Chinese investors are coming to India
In fact, Chinese investors are so desperate that they are even considering India for stashing their investments. Yes, the same country with which China has fought two wars in the past and is currently engaged in a 20 months-long border standoff.
In 2021, Chinese investments in the Indian startup ecosystem picked up dramatically. Investments from venture capital, private equity, accelerators and incubators stood at $14.13 billion in 2021, up from $3.95 billion in the previous year.
For Chinese investors and venture capitalists, the shift towards India is unavoidable. Xi Jinping isn’t allowing even Jack Ma and other popular billionaires to do business without any fear, so the startups don’t stand any chance of surviving amidst Beijing’s hostile policies.
These investors feel that their money will drown if they invest in local tech companies, but they can hide their money from Jinping and also get good returns by parking their money in India.
Chinese individuals incessantly dump their money in foreign real estate
Chinese investors are looking at India for parking money in startups and upcoming businesses. This is because of India’s position as a world leader in IT services.
However, even Chinese real estate investors are looking to dump money in foreign property investments. They have purchased properties in Singapore, Australia, Canada and New Zealand.
Read more: Singapore bans Chinese investors
In fact, Chinese real estate investors purchased so much real estate in Singapore that real estate prices in the island city-State went through the roof. Last year, condominium purchases by Singapore permanent residents went up by 55.3%, with foreign purchases rising by 45%. China represented a lion’s share in this unnatural spurt and things went so far that the Singaporean government had to cancel Chinese investors.
Chinese investors use crypto to move their money into Japan
For some of these investors, evading Jinping’s supervision is also a priority. So, they have used unconventional means to dump their money in foreign destinations. Therefore, cryptocurrency is coming in handy for such Chinese citizens. They are transferring their money to Japan in the form of crypto, and their partners in Japan convert the same into Yen which is safely parked in the Japanese real estate sector.
Read more: To hell with patriotism: Chinese citizens are parking their cash in Japan’s real estate sector
For Chinese investors, moving their money out of China is the main priority. They know their money is unsafe in China and they also know that Xi Jinping-led CCP is eyeing it amidst the ongoing economic downturn in the country. So, they will do anything to move their money out of the country.
China’s rich people have a history of dropping patriotic sentiment anyway. So, if investments in enemy countries are what it will take to save their money from the CCP, they won’t mind stashing millions of dollars in countries like India, Japan, and Australia. Chinese investors are thus impulsively taking their money out of China, and this is making China’s enemies really powerful.
I agree with Chinese investors in China hate CCP because CCP eye on people’s everything.