MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
By Olivia Chung, Asia Times Online, Nov. 10, 2011
HONG KONG - "Get rich - then get out" is the life message being grasped by China's wealthiest citizens two decades after former leader Deng Xiaoping supposedly declared that "to get rich is glorious".
About 60% of rich Chinese people intend to migrate from China, according to a report jointly released by the Hurun Report, which also publishes an annual China rich list, and the Bank of China. A separate study by US-based Bain & Company and China Merchants Bank in April of 2,600 high-net worth individuals - those who hold more than 10 million yuan (US$1.6 million) in individual investable assets (excluding primary residences and assets of poor liquidity) - found that about 60% of those interviewed had completed immigration applications to other countries or had plans to do so....
The most favorable destinations by rich Chinese is the US, with 40% of respondents claiming it was their first choice, followed by Canada and Singapore....
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Will Aba be the CCP's Waterloo?
By Peter Lee, Asia Times Online, Nov. 11, 2011
Summary: A string of self-immolations at a single Tibetan Buddhist monastery has put Aba prefecture, a remote corner of Sichuan province, in the news again, three years after violent protests in the run-up to the Beijing Summer Olympic Games and the devastation of the Wenchuan earthquake. A rising death toll of radicalized monks and mismanagement of the quake's aftermath will be taken as the Chinese Communist Party's legacy if it continues along its path of repression and re-education.