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Take On China Inc. At Your Peril, page-21

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gttrain

9,422 Posts.

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24/10/16

14:35

Post #: 20078060
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Originally posted by usc75 ↑

Do You Know What's Going On/Starts In China Today?

If not, read on...

24th Oct 2016: China's top CCP Leaders start their Plenum. Aim: to toughen Anti-Corruption Laws. Strategies: (a) Requiring CCP Members and their Families to declare their assets, (b) declare foreign Passports, (c) declare Permanent Residency Status in foreign countries.

And that's just for starters!

President Xi Jinping wants another 5 years in power...possibly 10 + years!

Conclusions: Crown (indeed all Casinos as examples) and businesses and Government people and bodies are in Xi's anti-corruption crossfire. Nobody's exempt, either local or foreign. No prisoners taken, either local or foreign. It's WAR.

The ramifications for Crown are obvious.

DYOR

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Maybe our government should make an example of the chinese here flouting the laws on buying

Real estate.......

CWN Price at posting: $10.60 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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