It really depends, millionaire in NYC? Dime a dozen, millionaire in Mexico, NY? They would be able to mess with local politics, screw up the housing market, etc. And I really mean multi- millionaire but that's what I assume would be coming this way from China, not someone with 1-1.5 million, but a couple times that at minimum.

[–] HobbitFoot@thelemmy.club 1 points 4 months ago

Yeah. I think a lot of people hear Chinese millionaire and think of someone like Jack Ma. The problem in China is that a millionaire can include roles like plant manager and senior designer, people you need to continue developing the economy.