China - not only super rich but also global leader in most fields

The research found a belief in hard work and enterprise drives the business success of Chinese living overseas. www.shutterstock.com
Hard work, not ‘Confucian’ mentality, underpins Chinese success overseas
February 3, 2017 6.06am AEDT
Our study of ethnically Chinese people in Malaysia shows some of the assumptions about what leads to their business success might be wrong. Past studies point to traditional Confucian values and a refugee mentality as a reason for success, but we found it comes down to a new set of beliefs in hard work and enterprise. We used data on Malaysia from the World Values Survey, which has been conducted since 1981 with samples of more than 1,000 respondents in each of over 100 countries. The survey questionnaire now has some 250 questions about different social, economic and political values and attitudes. We chose Malaysia in particular because it’s a country where Chinese immigration is both recent and historic and where the economic dominance of the Chinese is stark … for more, go to http://theconversation.com/hard-work-not-confucian-mentality-underpins-chinese-success-overseas-70705 

China - not only super rich but also global leader in most fields

https://youtu.be/evxVGig1ZKA (VIDEO: China leading the world into the future)

https://youtu.be/N8_Hnmty4vY (VIDEO: China converts sand into soil, deserts into farm land) 

KUALA LUMPUR (November 2017): China’s Commerce Minister Zhong Shan made a rare disclosure that the country’s overseas assets are currently worth US$6 trillion.

Zhong revealed the figure at the 19th Communist Party Congress on Oct 19, 2017, but gave no other details on the type of assets and locations.

It is already common knowledge that China has solid reserves and that there is little doubt that China’s multi-billion-dollar One Belt One Road (OBOR) initiative would be aptly funded to ensure success.

I Love Malaysia-China Silk Road notes that China is not only wealthy and super strong in its reserves, it is also currently a global leader in many economic fields, research and technology.

View the above video clip to see for yourself why China is today leading the world into the future.

"Overseas assets held by China worth $6 trillion - commerce minister

WORLD
Thursday, 19 Oct 2017
6:08 PM MYT

BEIJING (Reuters) - Overseas assets held by China are currently worth $6 trillion (拢4.56 trillion), Commerce Minister Zhong Shan said on Thursday.

Irrational overseas investment has been effectively curbed this year, Zhong said, speaking on the sidelines of the 19th Communist Party Congress.

(Reporting by Ben Blanchard and Lusha Zhang; editing by Nick Macfie) - The Star Online"

Learning from China’s success … for more, go to https://www.times.mw/learning-from-chinas-success/