Half of China's Millionaires Want to Leave
http://business.blogs.cnn.com/2011/11/01/report-half-of-chinas-rich-want-to-leave/
Excerpts:
"Nearly half of Chinese millionaires are thinking about leaving the country, while 14% have or are in the process of applying for emigration, according to a Hurun Research Institute and the Bank of China report."
"Where do China’s millionaires want to move? North America is the top choice. The United States is the most popular immigration destination for Chinese millionaires, attracting 40% of the respondents who are interested in leaving China, followed closely by Canada (37%) followed by Singapore and Europe.
Half of the investors said they want to leave for better overseas education opportunities for their children. About a third invest abroad as a step toward emigration, while a quarter of them do so to diversify and manage risk."
"We see too many worried entrepreneurs nowadays who are afraid that they would end up in prison for offending Chinese officials,” Beijing-based scholar Hu Xingdou told Ming Pao, a Hong Kong newspaper. He believes the lack of legal protection in many areas has lead to the worsening of business environment in China, which is accelerating the emigration drive."
--
Patterns of Emulation among Social Strata
Social practices tend to percolate from "upper strata" to "lower strata"
In accents / linguistics...
http://en.wikipedia.org/wiki/Prestige_(sociolinguistics)
"Gumperz also observed that the lower prestige groups sought to imitate the higher prestige speech patterns, and that over time, that had caused the evolution of the prestige away from the regional standard, as higher prestige groups sought to differentiate themselves from lower prestige groups."
In child names...
http://www.slate.com/articles/business/the_dismal_science/2005/04/trading_up.html
"There is a clear pattern at play: Once a name catches on among high-income, highly educated parents, it starts working its way down the socioeconomic ladder. Amber, Heather, and Stephanie started out as high-end names. For every high-end baby given those names, however, another five lower-income girls received those names within 10 years."
In social networks...
http://www.readwriteweb.com/start/2009/12/race-shapes-teen-facebook-adoption.php
"She likens the mass teen migration from MySpace to Facebook to "white flight."
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Cyberwarriors and Our Strategy
http://www.nebulouskingdom.com/1/post/2011/04/cyberwarriors-and-our-strategy.html
Excerpt:
"I wrote this in February 2010: "We would do well in the US to consider how to manage the inevitable devolution of power in a stable and strategic way. Decline of nation power doesn't necessarily need to mean decline of the power of our values." There are myriad reasons for the United States to abide by its own values, many of them moral, but this is strategy. America has a cultural advantage that largely goes unrecognized or at least overly romanticized - our values, even when we betray them, are fundamentally about unlocking the potential and meaning of the individual life. Life, liberty and the pursuit of happiness. Whether you agree or disagree with this individualistic bent, it is attractive enough vis-à-vis other value sets to bring flocks of foreign graduate students to our shores. In a transparent world with widely distributed power, the power of pull will be - to an increasing degree - all that remains. How will we pull in the inventors, the students, the philanthropists, the activists, and yes, the hackers?"
--
You draw your own conclusions on what might happen to China.
http://business.blogs.cnn.com/2011/11/01/report-half-of-chinas-rich-want-to-leave/
Excerpts:
"Nearly half of Chinese millionaires are thinking about leaving the country, while 14% have or are in the process of applying for emigration, according to a Hurun Research Institute and the Bank of China report."
"Where do China’s millionaires want to move? North America is the top choice. The United States is the most popular immigration destination for Chinese millionaires, attracting 40% of the respondents who are interested in leaving China, followed closely by Canada (37%) followed by Singapore and Europe.
Half of the investors said they want to leave for better overseas education opportunities for their children. About a third invest abroad as a step toward emigration, while a quarter of them do so to diversify and manage risk."
"We see too many worried entrepreneurs nowadays who are afraid that they would end up in prison for offending Chinese officials,” Beijing-based scholar Hu Xingdou told Ming Pao, a Hong Kong newspaper. He believes the lack of legal protection in many areas has lead to the worsening of business environment in China, which is accelerating the emigration drive."
--
Patterns of Emulation among Social Strata
Social practices tend to percolate from "upper strata" to "lower strata"
In accents / linguistics...
http://en.wikipedia.org/wiki/Prestige_(sociolinguistics)
"Gumperz also observed that the lower prestige groups sought to imitate the higher prestige speech patterns, and that over time, that had caused the evolution of the prestige away from the regional standard, as higher prestige groups sought to differentiate themselves from lower prestige groups."
In child names...
http://www.slate.com/articles/business/the_dismal_science/2005/04/trading_up.html
"There is a clear pattern at play: Once a name catches on among high-income, highly educated parents, it starts working its way down the socioeconomic ladder. Amber, Heather, and Stephanie started out as high-end names. For every high-end baby given those names, however, another five lower-income girls received those names within 10 years."
In social networks...
http://www.readwriteweb.com/start/2009/12/race-shapes-teen-facebook-adoption.php
"She likens the mass teen migration from MySpace to Facebook to "white flight."
--
Cyberwarriors and Our Strategy
http://www.nebulouskingdom.com/1/post/2011/04/cyberwarriors-and-our-strategy.html
Excerpt:
"I wrote this in February 2010: "We would do well in the US to consider how to manage the inevitable devolution of power in a stable and strategic way. Decline of nation power doesn't necessarily need to mean decline of the power of our values." There are myriad reasons for the United States to abide by its own values, many of them moral, but this is strategy. America has a cultural advantage that largely goes unrecognized or at least overly romanticized - our values, even when we betray them, are fundamentally about unlocking the potential and meaning of the individual life. Life, liberty and the pursuit of happiness. Whether you agree or disagree with this individualistic bent, it is attractive enough vis-à-vis other value sets to bring flocks of foreign graduate students to our shores. In a transparent world with widely distributed power, the power of pull will be - to an increasing degree - all that remains. How will we pull in the inventors, the students, the philanthropists, the activists, and yes, the hackers?"
--
You draw your own conclusions on what might happen to China.
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