Having opened more than a few eyes to the rise of extreme wealth among Chinese billionaire’s children in America, particularly Southern California, we thought the following brief clip would provide some more color on the the so-called “Chinese Beverly Hills”. Welcome to Arcadia – also known as “Mistress City” – where uber-wealthy Chinese hide their money, kids, and dalliances overseas to escape the corruption probes and controls of their home nations…
How an upscale California suburb became the “Chinese Beverly Hills”
Welcome to America. Here is Mike Krieger’s message to you… We should just get it over with an change the words on the base of the Statue of Liberty. I propose:
Give me your corrupt, your crony, your oligarch masses yearning to launder money free,
The criminal masterminds of your destroyed environment and police state.
Send these, the pampered, the private jet setter to me, I open my hands to your golden yuan.
via Zero Hedge http://ift.tt/1AxiHMp Tyler Durden