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Another myth. You'll have no problems moving money out of China if you're a foreigner and you can proof your source of funds. I used the adjective "moving" because I cannot move large amount at one go due to banking restriction of $100,000 RMB per day.

Not true. My banks in China are offering less than 0.15% for USD fixed deposit and more than 1.75% for RMB deposits. I used to get like ~6% for my USD fixed D there while RMB fixed D was about 4-5%. So there is a huge push in the bank to dump USD for RMB. I've been moving my money to Singapore...

Her name is "sucker"?

China has repeatedly said they will not provide arms to Russia lah.

They forgot it was the opium war that forced Qing into ceding Hong Kong to Britain for 99 years. How many people died, how many families were broken because the English empire sold opium (though they banned it in their own country) and raided China's resources. It was Queen Elizabeth's...

They should just learn from China. Chinese teachers no longer has to mark papers as they are automatically marked using software. All curriculums are now controlled to standard levels. No external tuition, no homework during holidays, students must have at least 8 hours of sleep.

means ownself check ownself, you don't need to know, just trust them...

must be the sperm stuck in her throat

Contributed by a EDMWer

Controlling property price goes against the interest of PAP. This is not CCCP, they don't work for the people, the people work for them. :biggrin:

Sorry lor, the joke is "without massive import of foreign talent, local talents will leave Singapore". Just like NS is a privilege for locals, raising GST is to help the poor.

The new ONE Pass is a red herring. While everyone is focused on it, PAP quietly also increase normal EP to 5 years. When people ask about this, they'll simply reply "but it is $30k, not many people earned $30K"; successfully deflecting all attention on normal EP. Singapore are fucked. Really.

Our MP says that without competition from foreign talent, Singapore talents will leave Singapore woh.

Normal EP pass validity is also extended to 5 years. No sure why they need the new ONE Pass, from what is listed, it seems EP is the better option. Not only did PAP opened the floodgate, they removed the surrounding barriers as well. Huat Ah! Singaporeans hong kan liow.

You mean we there are no local bank managers here that we need to hire from China??! Singaporeans are so fucked.

Don't worry, they have free English tuition in Singapore churches :roflmao: My colleagues told me that they see a lot more Chinese kids in Children's Sunday school with almost all, barely able to speak in English. They cannot even tell the teachers they need to pee. The parents, instead of...

In Shanghai, prime district condominium with 50/70 years lease are going for less than RMB$500k. Mind you that unlike Singapore, China automatically extends its leasehold at the end of the term.

Gov controlling supply of homes to jack up property prices; therefore indirectly locking in more CPF forever. Look at those HDB built in 1970s, all calling 20% higher than last transacted price when they should be depreciating 20% (based on HDB's own stats/ projection in 2019). The silence from...

Maybe when we get some transparency on how GIC/ Temasek operates, we may truly understand how HDB calculates cost/ losses. Ask your construction friend, you'll realised that true cost of building a HDB 5-room unit is less than $50k.

In short, price has risen to a point where it makes more financial sense to rent, than buy.