Reply To: To eat or not eat food and candy made in chna

@DovidBT
The Chinese government owns 50% of all non-mom and pop businesses. They set the managers’ and co-owners’ salaries. They decide profit splits. The managers and co-owners want to reap the benefits of their labors and often break the law to do so.
For the past year I have been working with a Chinese Banker to establish a Trust to send hand support his son in the US for high school college and graduate school. In May the Chinese government unilaterally cut salaries of all top bank officers by 50%. He is now approving loans to himself and family members form the bank at set rates, and set up a syndicate to invest the funds and keep the profits for himself to compensate for the salary cuts.
This is the type of action that takes place often