How do Han Chinese Immigrants Own 80% of East Asian Stocks?

In this video, we delve into the fascinating phenomenon of Chinese economic dominance in Southeast Asia and beyond. Malcolm and Simone discuss why Chinese communities, often compared to Jews in their financial prowess, control significant portions of local economies in countries like Myanmar, Laos, and Vietnam despite being small minorities. The video explores historical, cultural, and socio-economic factors behind this trend, including the influence of Confucian values, the impact of historical migrations, and the concept of 'Guangxi' or trust-based networks. The discussion also contrasts the Chinese experience with that of Jews, examining different cultural traits and survival strategies. Join us as we navigate through data, historical anecdotes, and personal insights to understand what drives the remarkable success of Chinese communities across the globe.