You could remove the word "Chinese" from the whole thing, and it would still make sense.
You could remove the word "Chinese" from the whole thing, and it would still make sense.
Some examples:
1. Real estate purchases (with bank loans) are a superior alternative to renting because paying mortgage beats making a landlord richer. Also, east-asian culture believes that very few things beat the appreciating value of land.
2. We love profit. I for one, started a company since I graduated moving from one product to another. And I do not tolerate making losses unless there is significant expectation of profit in the short-term. (I think this applies to older generation "chinese businessmen" because we never had such a thing as venture capital.
We get this trope in other regions too, like Jews in the west and Marwaris in India.
What made them succesful was generational knowledge. As there were no business schools.
Never heard of any in popular culture, you question prompted me to search.
I found a good article about of the communities I mentioned above.