The Chinese tourists will be flooding the world again, and...

The Chinese tourists will be flooding the world again, and buying up Aussie property. In the SMH today.

" The Chinese people have accumulated $US2 trillion ($2.9 trillion) in excess savings and are raring to go with an enormous spending spree."

China tells the world the Maoist madness is over
China has extended the olive branch to Western democracies and global capitalists alike, promising a new era of détente after the coercive “wolf warrior” diplomacy of the last five years.

Vice-premier Liu He, the economic plenipotentiary of Xi Jinping’s China, told a gathering of business leaders and ministers in Davos that China is back inside the tent and eager to restore the money-making bonhomie of the golden years.


No wonder GRR is roaring today.