The message sends to whoever is going to do business or even invested into the communist countries, actually China:
I spent nearly a half-century to study communist, nevertheless I served 5 years in the Vietnam battlefield on the military and psychological warfare and survived after 6 years in the hell of re-education camp of Vietcong. I would like to share the communist’s bloody experts to everyone, certainly, I don’t want the innocent investors lost the money. I wrote my fifth book” A Humble Vietnamese Woman” published in 2015 in New York. My book warns the business and investor have to know the communist before putting money into the communist countries. The Austrailian billionaire James Packer is a hard evidence of the critical mistake, obviously, he didn’t know communist China, instead, he listened to some decoy Chinese then now James Packer has been sunk into the deep debt after lost the business at Crown’s Macau, the regret comes too late, it costs his fortune. The James Packer’s lesson could arouse the Western business.
Thank very much.
Hoa Minh Truong.
The Australian billionaire James Douglas Packer was born on September 8, 1967, he is the famous wealthy man in Down Under. His fortune left by father Kerry Packer with the investment and family company is Consolidated Holding Limited. James Packer was formerly of the Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings. The tycoon James Packer is also keen to invest in Crow Resorts, mostly gamble makes the profit. In May 2016, James Packer’s net worth was $ AUD 5 billion listed ranking 200 of the world richest by BRW and his ranking was seventh in Australia. Therefore, in 2017, Jame Packer’s assets being declined to $ USD 3.9 billion as Forbes Asia classified ranking ninetieth in Australia.
Billionaire James Packer’s love story is a saga, previous wife Erica Packer got $AUD 100 million for the divorce settlement. The marriage of James Packer with Mariah Carey has been leaving the woe, previously James Packer gave a 35-carat diamond engagement ring and when she broke up, she made $ AUD 50 million and also keep the ring is worth $aud 10 million.
However the marriage breakup could not compare with the terribly wrong investment, certainly, the Crown Casino at Macau is a big loss ever in his life. Actually, James Packer didn’t know the communist character is deception, he listened to a Hong Kong billionaire Lawrence Ho and some Chinese advisors then in 2004 he invested $USD 3.2 billion into Macau Casino. Therefore, after the Crown completed and running well, suddenly on October 14, 2016, China communist government banned the gamble and arrested 19 staffs of Crown Casino at Macau. Despite the Australian government tried to solve the problem by the diplomacy, but China ignored and Beijing applied the bush law to detain the Crown staffs until June 26, 1017, the staffs appeared at the Baoshan District Court and the employees was sentenced 10 months in prison, therefore the detained time was enough and they were free. The court is just the bush legal process, the sentence was a formality for the robbery the assets of foreigners.
On October 22, 2017, the terrified news for James Packer, from 2 years ago, he burdened more than $AUD 3 billion debt at Crown Casino and $AUD 2.3 billion debted from his private company Consolidated Press Holdings. Moreover, James Packer forced to borrow half a billion dollars from his sister Gretel (her fortune comes from the family split). The Crown Casino being downed after the Macau disaster, the Casino couldn’t make the profit without the gamble, but China communist party strictly bans, so the Macau Casino being faced the dilemma, the Crow lost profit, but also pays the cost of maintenance hotel, the land tax, and the other spendings. Unfortunately, no one wants to buy Macau Casino, before, billionaire James Packer has not seen yet coffin in tears but now he has. The Crown Casino lost money in Macau and the administrative staff has tried to pinch the pocket of the Australian gambler. On October 20, 2017, the employee’s whistleblowers leaked the staff tampered poke machine, money laundering and the Gambling Authorities in Victoria state is investigating. The tricky news released on the Australian media, actually the television and the gambler reduces to visit Casino that creates more profit lost. Although the main political parties are Liberals and Labor deceived the donation from Crown Casino, but the politicians couldn’t cover up the wrongdoings of the Casino staffs. As common sense, any business and investment have to study carefully, actually the offshore business
1-Marketing is the prime stage for any business, the economic situation of the people could affect the profit-making.
2-The psychological consumer that any domestic business and overseas must know the consumptive tendency of a local and a country. The consumer in a democratic country has the different concern with the communist state.
3-The political pattern is very important for the business and investment, actually the foreigner does the business and invests in the dictatorial or communist country. The democratic country respects free market and competition, mostly the economy being held by the private companies. Therefore the economy of the communist country belongs to the government that is commanded by the communist party. The economy and politics ties close as the shadow and body, as President Donald Trump succeeded the business and he also experiences into the economic field so he could lead the US from the shattered country left by Barrack Obama in 8 years, he restores the economy, national security and the prestige of the United States in the international.
China has led the Asia communist states as Vietnam, North Korea, and Laos from the Cold War and now the Cool War. Nevertheless, the China’s economy is controlled by the communist party, so the foreigners have to stay away from the country is keen to apply the bush law and the law could change anytime when the communist party wants to rob the assets.
After the US President Richard Nixon visited Beijing in 1972, China escaped the sanction and also promoted the free market. The Karl Marx’s economic pattern failed badly, so China survived from the enemy with an ugly economic management” free market is led by the socialism”. Therefore China has never concerned the democratic country, actually, the Western is friendship, but the communist party condemns the democratic countries are counter-revolution, it is the traditional hostility of Karl Marx’s pupil that has never changed. However, when the communist being faced the low tide of revolution, they pretend friendly for survival as the lizard changes skin’s tactic and when communist stands up as the high tide of revolutions period, they will kill the opponents or counterparts.
The Australian billionaire James Packer is the victim of China communist party into the beaten capitalist’s strategy. When the communist party occupied a government, obviously they purge the society by the beaten capitalist and following the communist pauperizes the people. In Vietnam and China, the bloodshed landlord reform campaigns were barbarous, there was only Vietnam, Vietcong killed more than 200,000 people with the slogan” intellectuals, wealthy and landlord elements to be eradicated”.
Billionaire James Packer made the terrible mistake when he poured multiple billion dollars into the deceived land or the lying kingdom but the communist paradise, now Macau Casino is the hell of Crown. The Western countries could learn the bloody lesson of an Aussie investor. Do not trust any promise, the trade agreement or the legal system of China, let’s watch James Packer is beaten by the bush law of China and the world could know China is the most tricky country.