What happened to China s billionaire who donated 70 million to the United States, but soon went bank

Later, it turned over again. Although he has a huge debt of 200 million yuan, he has paid off the debt through his own efforts, and his company has created high returns.

Later, I lived a very average life, my income was not very much, I ran around for work every day, my family relationship was not harmonious, and my life was very difficult.

Later, the more money was owed, the more news was lost. Maybe he went on the run, because he couldn't afford it anymore, and he felt very helpless.

He didn't have any news later, because he rarely appeared, rarely appeared under the camera, and was not in the public eye, and there was no news from the society, and there was no gossip disclosure, so there was no news.

Good afternoon, dear, glad to answer for you! The reason why the United States owes China 22 trillion in national debt. The huge amount of U.S. debt is mainly caused by our continuous purchases, and in the process of China and the United States, the United States needs to buy five or six hundred billion dollars of goods from China every year, so these dollars are accumulated in the central bank's foreign exchange reserves.

For the US dollar, the best investment and the most stable market is US bonds, because its status is the same as the treasury bonds we usually buy, so China has bought a large number of US bonds. For the dollar, we usually spend and buy a limited amount of things, especially when the foreign exchange dollar reaches a surplus of one trillion dollars. At this time, if you want to generate income from these dollars, there is no market other than the U.S. Treasury market that can handle this amount of money, even real estate.

And more importantly, if you diversify these funds, the final return will not necessarily be higher than that of the US dollar. In this regard, this is the reason why the United States owes China 22 trillion yuan in national debt. <>

With the development of society from time to time, many people have earned a lot of wealth, among these people, some people will donate money to do some good deeds for the society, and some people choose to immigrate abroad with money. In the past, the number of wealthy people who emigrated overseas in China used to rank first in the world. This is bound to have a certain impact on China's economic development.

There is a Chinese-American who has been in the United States since he was born, never returned to China, and also donated 50% of his wealth to the United States, this person is Chen Songxiong. Chen Songxiong's hometown is in Guangdong, and his parents are authentic farmers, and during the war, his parents went to South Africa to escape the disaster. There, his father became a doctor, and Chen Songxiong was influenced by his father to become a doctor in the future.

Chen Songxiong was admitted to the University of the Witwatersrand in South Africa at the age of 16, and after graduation, he went to the hospital for an internship, and finally made his dream come true at the age of 23, but Chen Songxiong did not go well in South Africa, so he decided to go to the United States to carry it out. After arriving in the United States, Chen Songxiong's wife entered Hollywood, and he continued to work in the medical industry. During this time, Chen Songxiong operated on patients during the day and went home at night to continue his medical studies, and slept very little every day.

In 1993, Chen Songxiong made certain achievements in diabetes** and obtained 50 patents, and then he resigned and set up a pharmaceutical company. After having the company, Chen Songxiong further stopped discussing cancer, and then he put forward a lot of ideas about fighting cancer, but was questioned by experts, but Chen Songxiong was not discouraged and continued to walk in this direction. Chen Songxiong has a unique business vision, and when the company was in full swing, he broke up the company and then sold the company, and achieved a lot of rewards.

But at this time, the United States was experiencing a financial crisis, but fortunately, Chen Songxiong sold the company in time, so he was not affected in any way.

In 2016, Chen Songxiong's personal assets reached 12 billion US dollars, equivalent to 85 billion yuan, and he became the richest Chinese American in one fell swoop. Since then, Chen Songxiong began to work hard for the cause of compassion, he donated 5 billion US dollars to the United States, and also promised to donate half of his net worth in the future, which was criticized by many Chinese people. In practice, Chen Songxiong's measures have made many people dissatisfied, because they think that Chen Songxiong, as a Chinese American, should at least repay the motherland first, instead of donating all the money to the United States, which is an act of forgetting his roots.

In fact, Chen Songxiong went to South Africa at a very young age, grew up there, and then went to the United States, where he became an American citizen, so he was relatively unfamiliar with China, and he could not even speak Chinese. So Chen Songxiong doesn't care about other people's opinions, and constantly handles things according to his own work style, so what do you think of Chen Songxiong?

I think this is really an act of forgetting one's roots, and such people don't deserve the respect of all of us at all, and I don't know why such people always appear.

Yes. Because he is Chinese and makes a lot of money from China, but he donates that money to the United States, I think this is an act of forgetting his roots.

I don't think it's necessarily a forgetfulness, after all, most of people's money is earned from abroad.

I think this is indeed an act of forgetting one's roots, although technology knows no borders, but at no time should we forget that we are a Chinese.

Probably not, he believes that science knows no borders, so he is willing to donate half of his net worth to the United States.

Now the whole life is also very good, with their own career and development goals, and now it rarely appears in our sight, the most important thing is that there is no way to return to the motherland after doing these things.

His life is very bad now, and the country is very resistant to him now, and it hates him very much, so his life is very bad now.

Now he is also quite miserable. But everyone should be held accountable for their actions. This incident also made him regret it very much.