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Forums > Living in Kunming > Nanjing foreigner goes mental

road rage, that is it. drivers in china think they are king of the road. that being said, i still think the guys action of attacking is not something that i would call it defensive, nut case. :-)

in comparison, the same thing would not happen in residential zone in other asian cities, like, tokyo, singapore, taiwan, hong kong or even macau where streets are very narrow. that goes to say, ah.... china is an exception? hahahahahh

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Forums > Living in Kunming > How to expatriate money from China?

@Xiefei: yeah, that could set off a panic but not because the 'imminent' controls. that, i am sure the local can beat that any day. it is the worry that a currency controls is a precursor to a deeper depreciation cycle....
i am on a short trip in the south now. i have seen increasing number of 'normal' chinese (not the gambling type) in the south buying up Macau casino chips in the black markets. that tells me something.... :-(

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Forums > Living in Kunming > How to expatriate money from China?

actually, as Xiefei said, it is perfectly legal and currently there is no daily or annual ceiling limiting the amount an individual can transfer as long as the person can demonstrate the money was legitimately earned and taxes have been paid on it. as long as you can tick every box in the SAFE application, the bank you bank with will assist you in filing that application with SAFE. sounds simple enough. the new regime i mentioned earlier might change that, thus my last post. finer details needs verification so it is a RUMOUR at this stage.

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it seems the single child policy in the 80s and afterward is the root cause, i think.

imagine two spoiled brats try sharing the same space. hahahhahah

when i was in beijing in the early 90s, i was fascinated by what i saw, four adult watching a teen enjoying a saedae in front of the big M, and the parent was clearly enjoying being hit by the little one protecting his spoil. the little sweetie grows up with no concept of sharing.

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