AN AUSSIE’S CASINO MOGUL JAMES PACKER WHO LOST THE BIGGEST GAME IN CHINA.

The radically economic management of the communist and the democratic country are quite different. As the routine, China communist regime controls the most important company in the mainland and also offshore. In Australia, under the Chief Minister Adam Giles, an innocent politician so the Northern Territory government leases Darwin Port in 99 years for Landbridge Group, a China company with the cheap price $ AUD 506 million. Therefore, it is a strategic maritime of Australia then the lease could harm the national security and also raises the grave concern for the defence, actually the China spy-network being operated strongly in the Down Under. Nevertheless, China is malice, Landbridge Group’s skin is private, but the organ is China, they employed Mr. Andrew Rob, former minister of trade who serves for China interest. Actually, the Western states, including Australia to be aware the China companies and business firms covered under the privacy, it is the financial system of Beijing offshore. Moreover, the Chinese business donates the politicians in the election, it could influence the national policy and affect the politics, and it is a form of bribery.
Mostly, the economy of the democratic country is the private field and respects the free market, competition, the investment and commercial law set, so the same economic practice that secures the fair trade and transparency. But doing the business with China could be risky because China applies the Bush law, actually communist regime could change the law anytime, it belongs to the communist party, also the leaders want to.
The Australian billionaire James Packer is an innocent businessman, certainly, he has never known the communist character as a saying of Asia quotes:” have not seen yet coffin in tears”. Tycoon James Packer made the terrible mistake, obviously, he listened to some Chinese business persons as a Hong Kong billionaire Lawrence Ho and some Chinese advisors, then James Packer invested $USD 3.2 billion the Crown Resort in Macau with Lawrence Ho from 2004. In the honeymoon stage, Mr. James Packer entirely believed on the good business in the communist territory that could make the big profit, so a time he appeared on Channel 7 and praised China as the good country, but now his wonderful paradise completely collapsed, personal James Packer and Casino Crown have to pay the pricey.
The big loss of James Packer who invested in China that is the common circumstance in the most communist countries. In Vietnam, a close vassal of Beijing, some communist experts as the Vietnamese refugees, but quickly forgot the tyranny regime, so after resettled in the Western country, they have returned to where they escaped for freedom bid and the asset to be seized:
-Mr. Nguyễn Trung Trực: a Vietnamese refugee who resettled in Australia, he came back Vietnam early in 1990’s then opened business. His aunt was a high ranking official of Interior Department. Therefore, after making a profit, Vietcong castigated the asset then he returned Australia after served in prison.
-Nguyễn An Trung: a Vietcong supporter in the Vietnam War in the anti-war, pro-communist movement when he was an oversea student in Japan. After the war ended, he came back Vietnam for business and became a victim of robbery policy.
– Mr. Trịnh Vĩnh Bình (born 1947) who fled from Vietnam by boat in 1976 then resettled in Holland. He succeeded the spring roll business with a nickname is the Spring Roll King. In 1987 he came back Vietnam and invested $USD 3 million, but in 1999 the Vietcong government castigated the asset and also sentenced 11 years in prison. However, he spent behind the bar 18 months then exploited the bail for escape then came back Holland. In 2003, Mr. Trịnh Vĩnh Bình hired a law firm Burlington Burling in Washington D.C for a lawsuit, Vietcong employed a law company at French for legal argument.
-Mr. Trần Trường, a Vietnamese refugee in the US, but he was a fake refugee. In 2000, he hung Hồ Chí Minh’s portrait and Vietcong red flag at his Hi-Tech shop in Garden Grove, California. Ten thousands of Vietnamese protested in 60 days, at last, he sold the house, business and came back Vietnam for investment. Mr. Trường opened a fish farm, therefore, after made profit, Vietcong government seized the asset, then he ran away, ultimately he returned the US with an empty hand.
-The Rubbish King David Duong: family migrated the US since 1970, resettled at San Francisco (California). Mr. David Duong is a prominent Democratic supporter with the financial donation in California. He opened the recycle company Vietnam Waste Solution (VWS) at village Đa Phước, Bình Chánh district, Saigon with the invested fund about $USD 90 million. In 2016, Vietcong government wanted to seize the asset, they accused Mr. David Duong evaded tax plus fine, the total is $UDS 20 million. Ultimately, he ran away and returned to the US.
There are the concrete cases of the business to be robbed in Vietnam, the victims are the communist experts, so the innocent Western people could fall into the trap of communist regime easily.
China is the great master of Vietcong, so the robbery is high level, some Western investors lost money as the Macau Casino is the concrete circumstance. The innocent businessman James Packer fell into the trap of China from the decoy investors attracting billionaire James Packer. Obviously, he was convinced by the China business persons then no hesitation putting multiple billion dollars, but James has never predicted the real face of communist. The Casino in Macau is the most luxurious resort in the world, suddenly Beijing changes the law, banning gamble and arrested 19 Crown staffs on October 14, 2016, all detained at the Shanghai Detention Centre. Despite the Australian government tried to help, therefore China government ignored, they also banned the media contact. Now, the gamble is illegal, China Bush law cracks down on foreign Casinos attracting the wealthy Chinese who travel overseas to gamble. On June 26, 2017, the Crown staffs appeared at Baoshan District Court, the sentence is just a reason for a seizure the asset of a foreign owner, a form of robbery. Remember, the communist court is a tool of a party, the judge sentence from the Communist party’s order, not justice. The punishment is just enough to release the foreigners, but the Casinos situation has no changing.
An Aussie billionaire James Packer has recognized the wrong business in China, unfortunately, it is too late and he has been engaging into the dilemma. The Macau Casino couldn’t sell with the high price, indeed the valuation declined, no one wants to buy because China government announces the gamble is breaking the law. Therefore, Mr. James Packer and Crown have to pay the Casino workers for a resort without gamble, tax and the other legal requirement. Certainly, Mr. James Packer has been suffering the big loss and more time is more loss. At last, the Macau Resort will sell with the very cheap price then a Chinese tycoon will buy, that means the Macau Casino to be robbed by China regime. After the asset holds in hand, China will change the law, they allow the gamble is legal.
The case of billion James Packer alarms the Western countries, actually business does not invest in any communist government because the law is unstable, instead, the Bush law could transform a wealthy person to proletariat without warning. Vietnam and China apply an ugly economic pattern” free market is led by socialism”. They cheat the democratic countries, actually the innocent Western people, when a communist regime wants to rob the asset of its people and foreigners with many forms to apply as changing the law, tax evasion and the other malice ways. The investment in the communist country looks like handing the money to a robber.
Billionaire James Packer, a Casino mogul, he is invincible in the gambling field, but now he was defeated by Xi Jinping. At last the Bush law is a robbery law, it is the master of a cheat in the communist countries.