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2. 19.3 per cent of world population is Chinese 50 million plus overseas Chinese. playing their bit in accelerating the fast-paced Chinese economy Presence in Southeast Asia and Australia,USA
3. Chinatown Moved and settled down in a more organized manner and formed strong communities across the globe. shopping destination where overseas Chinese and local residents both can find everything that China manufactures Cherkizovsky Market was considered the largest market in Europe; in July 2009 but It is Replaced by “Chinatown” Dubai is all set to construct the world’s biggest Chinatown spread across an area of 800 hectare -$47 million Chinatowns in Africa, over 35 in Asia, over 30 in UK and Europe, 15 in Latin America and over 50 in the US and Canada Most of the goods sold in Chinatowns are imported from China (thus, pumping back huge revenues into China).
4. Chinese Culture-Giving and Taking The cultural and family ties play a major factor in this and the overseas Chinese remit more millions back overseas Chinese billionaires donate millions to the Chinese government through official and transparent routes Li Ka Shing has recently donated a medical university to China donations and relief funds (during disasters) are common for China 55 million overseas Chinese -135 countries -60 per cent to the total Chinese FDIs foreign reserves -$194 billion By August 2011, China’s forex reserves had reached $3.2 trillion
5. Chinese Culture-Giving and Taking warmth and encouragement by the Chinese authorities special cabinet ministry to solely deal with overseas Chinese- Problems, Growth, Benefit organizes several conferences -overseas Chinese to come together and expand their network Chinese government awards and honors overseas Chinese who contribute significantly to the Chinese growth story. issued medals and certificates to around 100 overseas Chinese-funded enterprises and regularly honors eminent non-resident Chinese
6. Brain Drain-Gain Not A Loss perceiving this syndrome -outflow of human capital consider it as-“outsourcing.” tapped these overseas Chinese students (and ex-students) to have an access to western technology and scientific breakthrough. Created window via which transfer of technology and skills China is encouraging their students abroad to stay outside and assist the mainland in their technological ambitions
7. Chinese Strength Chinese Embassies distribute close to a million pamphlets Do’s and Don’ts are mentioned Allows the Chinese to be safe and comfortable in a foreign land 80 overseas Chinese-powerful political positions in the world -president, state councilor, ministers, advisors, secretary, governor, state treasurer, mayor, member of the city council, attorney general, lieutenant governor and many more in countries across the world