did anybody see the channel 4 television program on last night? i think it was called “Brits Get Rich in China” about 3 brits who had risked everything to try and make it big in China.

from digiguide.com

China: The Real Dragon’s Den
China’s booming economy is a Holy Grail for risk-taking entrepreneurs. Every day intrepid Brits land there, seduced by wages of 20p an hour, dirt-cheap products and over a billion potential customers. But the Wild East is no place for the faint-hearted.

Unleashed from 50 years of Communism, Chinese entrepreneurs are taking no prisoners in their own relentless quest for wealth, and only the toughest will survive… Acclaimed directors Alastair Cook and Rob Davis follow the dramatic missions of three British trailblazers as they try to make their fortunes in China: the real dragon’s den.

Tony Caldeira’s once-thriving Merseyside cushion business has been ruined by cheap Chinese imports. In a desperate bid to save his company, he’s borrowed two million pounds and flown out to China in an attempt to build a cushion factory in a paddy field.

Dapper ex-colonel Peter Williams has spent his life savings on an energy-saving device that he thinks he can sell throughout China. If he pulls it off, he’ll make hundreds of millions of pounds. But to many Chinese businessmen, he’s just an English plum ripe for the picking. Will they rip off his device and send him home with his tail between his legs?

And controversial kitchen retailer Vance Miller has built a huge business buying cheap products in China. But along the way, he says he has suffered a deluge of scams at the hands of his equally ruthless Chinese suppliers. On his fake “Olympic Inspection Committee” bus, he’s on a tour of the country determined to crack down on those he says have crossed him.

wages of 20p and hour? no wonder so many sweatshops are built there and so many of my fellow countrymen get taken advantage of.

i really enjoyed the program and it definitely opened my eyes to the money that can be made in China. I always thought that it seemed like taking advantage of the people there paying them super low salaries. But i suppose if its not you then its going to be somebody else and alot of the time the small towns need outside investment to survive.

i guess i need to re-evalutate my approach to investing in China. i have a few contacts over there who are dying for me to help them set up trade links over here. i think the time feels right now. lets work hard!

i wonder what the property market is like over there and if it is safe for foreigners to invest in the land in china.

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