China is no doubt becoming one of the strongest countries in the world in regards to economic strength. However, the wealthy people of China have decided to immigrate to the western world. One of the top destinations for these people is Seattle, United States. These wealthy tycoons choose Seattle because of its “better education, air quality and food safety” (nytimes).
It makes sense to me that wealthy people in China will seek a place to immigrate to because of the relatively bad atmosphere in China. One of its major setbacks is its smog problem. In Beijing, during February 204, “the U.S. air-quality index had hit 512. By 11:00 am, it had reached 537. The air is off-the-charts bad” (times). Another setback is that it is simply uncomfortable living in an overpopulated city with traffic everywhere and people all around you. Because of these reasons, the wealthy people of China are seeking better living conditions in Seattle.
From my business perspective, Seattle will have lots of benefits from Chinese people immigrating to Seattle. These are the rich people we are talking about who purchase big properties. What this means is that they are buying expensive land that locals would probably not buy and they are creating jobs for the workers who build their mansion. The long term benefit is that these Chinese tycoons might establish business and even factories in Seattle which will further boost Seattle’s economy.
Article from – http://www.nytimes.com/2014/09/21/business/in-suburban-seattle-new-nests-for-chinas-rich.html?ref=business&_r=0
Beech, Hannah. “China’s Smog Is So Bad They’re Now Calling It a ‘Nuclear Winter’.” Time. 26 Feb. 2014. Web. 21 Sept. 2014. <http%3A%2F%2Ftime.com%2F9802%2Fbeijing-air-pollution-nuclear-winter%2F>.
Frank, Robert. “In Suburban Seattle, New Nests for China’s Rich.” The New York Times. The New York Times, 20 Sept. 2014. Web. 21 Sept. 2014. <http://www.nytimes.com/2014/09/21/business/in-suburban-seattle-new-nests-for-chinas-rich.html?ref=business&_r=0>.
