double post - delete
double post - delete
I didn't invade anywhere...
I'm not aware of any living 250 year old aboriginals....
Might be time to get on with it perhaps?
yes, bad connection - sorry
That, and their family is well enough to send them to Aus, but maybe not so well enough to support a comfortable life for them.Quote:
Originally Posted by The Fonz
Also, their top uni only accept the best of results from their gaokao, and you should know its insanely hard, making Aus's HSC like childs play. Not many could achieve such grades enough to get them in. Aus uni however is all about $$$, you got average result and so so English, you are welcome.
Well said, DuFour.Quote:
Originally Posted by dufour
Name one westerner or one western company that has ever succeeded in China?Quote:
Originally Posted by xboyx
They are filthy rich because because they are orders of magnitude more corrupt.
Lol, as if you give a fuck about Aboriginals. You're just using some 'whataboutism' as a way to win an argument. Spare me.Quote:
Originally Posted by lockhart
Lol this post is bonkers. plenty of western companies had success in China selling cars or fried chicken like GM, Volkswagen or Yum brands.Quote:
Originally Posted by juicykeyboard
There are rich entrepreneurs and business people in China because it's a booming economy and there are actually business savvy people in a country of over a billion people. Maybe stick to the medical topics where you dun speak as much B.S..
Well I mean, if you believe that I have a bridge to sell you.Quote:
Originally Posted by sukeong
Is GM succeeding in China or are its joint ventures with Chinese companies succeeding?
Clearly you have no idea how foreign companies access the domestic Chinese market. After the Chinese side of the joint ventures have taken as much IP from GM as they need to operate the business themselves, GM will be barred from the market. These companies are not succeeding in China, they are being tolerated by the CCP temporarily until local competitors can be brought up to speed through forced technology transfers.
Foreigners like you or I, can't even invest into Chinese companies directly (A shares), it's completely closed to foreigners. Yeah you could invest though a dodgy holding company or H shares, but just look what happened to Alibaba shareholders when Alipay was a subsidiary. Jack Ma literally just shifted the ownership of Alipay from Alibaba to his own personal company Ant Financial (supposedly to comply with Chinese law) and the foreign investors (including Yahoo) had no legal recourse.
Maybe you should stop talking b.s. you have no idea what your talking about.
Lol please, spare me with the shifting of goal posts and backtracking. You asked if any western company was successful in china and clearly there were. Who cares if they were joint ventures with a local company or not. They still made profits. Of course, if you want to do business in any country you gotta abide by their rules. GM sold more cars in china at one point than in US. Obviously they were happy enough with the deal and were successful in their business there. Not to mention Yum brands started out as a sole venture in china from the US.Quote:
Originally Posted by juicykeyboard
And yet Yahoo got a great deal out of a small initial investment whichbIt sold half back for about $7.6 billion in cash and preferred stock in 2012. Considering the company was going downhill and worth less than their Alibaba holdings at the end, they got out of that with a handsome profit. If anything, it was their investment in alibaba that saved them from being bought over earlier before the inevitable happened.
Stick to med stuff and less bs please
Great debates !
So many members have various points of views !
Keep them cuming Bros !
Fair enough I see your point of view, profits were made, I should have been more clear with my language. This is just a too simplistic view if you ask me. In any case, it is the joint venture that is succeeding, the local Chinese company is the majority shareholder so you can't legitimately say the foreign company is succeeding at all. Being tolerated, most definitely, but once you factor in the forced transfer of IP (what is the worth of that? billions at the very least) succeeding not so much. But sure, in a simple minded way you can say well they made money so they succeeded I guess.Quote:
Originally Posted by sukeong
If I put a gun to your head and ask you to give me your wallet and smile while doing it you will. A passive observer might think that you were very happy with the deal you got. Considering the loss of IP I'd say there are exactly 0 foreign companies happy with the situation in China. But you gotta try at such a large market I guess.Quote:
Originally Posted by sukeong
Are they a wholly owned foreign enterprise now? No.Quote:
Originally Posted by sukeong
You seem to be glossing over the point that Jack Ma transferred ownership of Alipay from Alibaba to Ant Financial. He literally stole the company that is worth around $50 billion these days as far as I can tell.Quote:
Originally Posted by sukeong
If you were a shareholder in my company, and your share was worth $10 (you bought in at $1), then I decided to place the the profit making operations into a shell company, would you be happy now that you can still sell your share for $2? I mean it's a 100% profit increase. Well done you've succeeded. I'm sure you wouldn't try to sue me (oh wait you can't anyway, I'm in China).
Clearly you've got no idea about this stuff (probably not medicine either) so you should spare me and stick to whatever it is you know.Quote:
Originally Posted by sukeong
Talk about a topic that's derailed so completely.
LOL , what a ignorant , Show respect to "Aborigines" is common senseQuote:
Originally Posted by juicykeyboard
Well, for those really in China business definitely knows how to make profit.... our Aussie Treasury Winery Estates makes lots of money in China.
North Asia Regional Office
Treasury Wine Estates
Room 2608
Corporate Avenue 5
No. 150 HuBin Road
Huangpu District
Shanghai 200021
China
Phone: +86 21 23130333
Fax: +86 21 53860180
Quote:
Originally Posted by juicykeyboard
Whether investing via JV , Rep office or WFOE structure are still means of investing/doing business with China and make profits , as long as you play by China Government rule books.
Regarding investing in Chinese companies (A Shares Market) , there are always proper way/ channels for the CAPABLE ones to invest in China companies , and make good incomes and profits.
Morgan Stanley A China Share Fund ....
Investment Approach
We seek capital growth by investing in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges. We believe the key to investing in the China 'A' universe is to combine top-down macroeconomic analysis with a bottom-up fundamental security analysis. As such, we utilize an integrated investment process that considers dynamics, valuation and sentiment from both top-down macroeconomic and bottom-up stock perspectives. We believe an integrated process offers the most effective approach given the return and risk potential of this asset class. Our experience has found that there are certain nuances to investing in China A Share and a single, rigid approach is not effective over time.
Portfolio Holdings as ad Dec 31 2017
China Resources Sanjiu Medical
Ind and Comm Bank of China
China Cyts Tours Holding Co. Lt
Focused Photonics Hangzhou Inc
China Pacific Insurance
China Construction Bank Corp
Shenzhen Airport Co.
China South Publishing & Media Group Com
Yunnan Baiyao Group A
Citic Securities Co. Ltd
LOL
Pardon me . I thought this was a punting forum not the Financial Review .
Anyone doing anything exciting for Australia Day ?
You are bloody nitpicking and moving goal posts now. Those western companies are making profits and are a success In china. To say otherwise just cuz they are joint ventures is really scraping the bottom of the barrel trying to look for reasons other than being completely biased. Even if I exclude them just for the sake of arguments, plenty other successful examples like coca cola, ikea, Apple, McDonald, Adidas, Starbucks etc... If you are just going to ignore that there are opportunities for foreign companies To be successful, also bearing in mind there are no guarantees in any market to be successful, and many western companies have indeed earned huge profits from their investments in china that's fine. I'm not gonna go along with your ignorant anti China spiel.Quote:
Originally Posted by juicykeyboard
My bad. Should not have derailed the thread. Should have just let it slide. I got caught up in all the bonkerous things being mentioned here about China. Life too short for discussing serious matters in a Sex forum, much less to those already heavily biased against a country. But rest assured I'm doneQuote:
Originally Posted by Tumble
In your defence the conversation you were having was a lot more interesting than fake orgasms and fools falling in "love"Quote:
Originally Posted by sukeong
Just such an astounding level of naivety, I really hope your not in charge of anybody else's money you seem to be quite gullible. I feel it my duty to let you know how the world really works. I leave you with two high profile cases of Australians caught up in the corrupt world of Chinese business, enjoy.Quote:
Originally Posted by sukeong
Charlotte Chou: http://www.smh.com.au/world/charlott...01-12gnug.html
Mathew Ng: http://www.smh.com.au/national/matth...06-gpzo3w.html
Funny, funny, funny , no mention of FALUNGON links. Navitey!!!!Quote:
Originally Posted by juicykeyboard
Emmm... Crown senior staff jailed because ...... level of Navitey.. so true
A piece of good news for those observe China Play Book
The impressive rise to China augurs well for ASX-listed Treasury, which has been a big driver of the jump through its Penfolds and Wolf Blass brands. China now represents one third of the value of all Australian wine exports.
Treasury Wine shares gained a further 3.5 per cent on Tuesday, to trade at $16.49 by late morning.
The company's shares hit $16.45 on December 20 and a year ago were sitting at just above $11.