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Old Jun 22, 2013 | 7:59 pm
  #47  
anacapamalibu
Ambassador: China
 
Join Date: Oct 2005
Location: Malibu Inferno Ground Zero
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Posts: 4,836
Originally Posted by moondog
Basically, I was in Shanghai and Beijing during both of their respective rises to greatness (the former was late 90s; the latter was 2001-2008), but I failed to capitalize on these trends because the Chinese were simply better connected. (I'm not alone; very few foreigners cashed in on these booms.)
Could have made tons of money buying blocks of apartments in the early days, before they limited foreigner purchases.
Granted you would need some capital, but the returns were astronomical.
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