We’ve been waiting for that news…

The latest news about China speculates that China is bankrupt. That’s nothing new I guess. China is also blamed for undermining the value of it’s own currency so that China can sell much cheaper compared to US. On purpose, Chinese government is keeping its currency artificially low. Guess what, by the time people start noticing, Chinese are already finished with their bad actions, scams and rip-offs.

Westerners are so naive when it comes to Chinese people. We believe in and live by certain ethics. Chinese don’t know that, they have no values. I guess my words fade away with this simple blog.

Chinese Government is keeping the value of its currency low for 1 main reason. Let me explain : Chinese people are used to live in poor conditions. People would go mad if all of a sudden the standards go up from poor to world-rich. The government would create a very odd situation. You can already see a big difference between a poor city like Wuhan and a rich metropolis like Shanghai. This means that you can notice a growing China, but on the other hand, the rest of the country is not following that trend, except for a few exceptions. You can notice a huge gap between salaries and real estate everywhere in the country. All this is doomed to fail because no government can keep up with this game, all we have to do is be patient for the next Dubai story.

Chinese people and the Chinese Government do everything possible when it comes to “money”, might that be a surprise ?