Quote:
Originally Posted by seattleflamer
Are you implying it is ill gotten wealth or is it legitimate money for diversification/investment? My only experience is a family friend who diversified from selling their factory in China. I wouldn't doubt that much is laundered, however....just don't know.
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Honestly, I have no idea. Maybe laundered is the wrong word, perhaps unethical might be a better term. You have the Chinese right now throwing ethics out the window in pursuit of the all mighty dollar. And then all these newly rich people just buy up all the property here in Canada, and screw us regular Canadians over in the process.
Now, I'm Chinese and I'm proud to be one. But even I can see that these actions by Chinese investors are not good for the average Canadian. The government really does need to step in and implement some sort of cap or something to curb all this craziness.