Forums > Living in Kunming > Residence Permit as Spouse of HK Chinese
My wife's HK Chinese but her mum was born in Kunming. The mother is HK Permanent resident and BNO Passport owner, but owns property in Kunming. My wife's parents both moved to KM to retire.
If my wife and I now would want to move to Kunming to run a business or help in one of her family's businesses, would I be eligible to obtain a Q1 or Q2 visa nevertheless? Or is there a difference between HK and Mainland-Chinese citizenship?
One country, two systems, lots of confusion...
Investors run on Kunming metal exchange for billions
发布者@Alien: Futures provide liquidity. This helps people who want to sell to find a matching buyer on the market - thus, it's helping society and the economy.
However, some people use them for gambling and hope for making money quickly, rather than invest conservatively and apply proper risk management techniques. Like this, they can lose a lot if not all of their money, which causes really sad situations.
If bankers do that because they know that they get a high bonus if they win and lose nothing if they lose, it causes a moral hazard harms society. This might be, as you call it, sociopathological behavior. To prevent this, most banks changed their bonus schemes after 2008 and deferred paying bonuses so that losses caused by sociopaths can be recollected from their accrued bonuses.
All in all, futures are not the problem - insufficient risk management and wrong incentive structures are. In the end, this boils down to a lack of education of many bank managers who don't understand important statistical concepts - like kurtosis ;)