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Have you heard about Chinese Dama?
Dec 10, 2013 00:49
  • SUNNYDREAM
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Chinese Dama is known to the world for gold buying. It’s said that they had bought 300 tons of gold within 10 days and had spent 100 billion yuan in the gold market. Who are they? They are ordinary Chinese mothers between 40 and 60. They don’t know about economy but they do know how and where to invest their money.

When the gold is cheap, they spend a lot of money buying gold. When the real estate market abroad is in recession, they have a trip abroad and start to buy houses. The Jejudo Island is a famous tourist attraction in South Korea. According to a real estate developer on the island, 99 percent of their houses are bought by Chinese people.

BitCoin is an online currency that can be exchanged into any real currency in the world. It has surged 89 times as much as it came into the world in 2009. Chinese Dama have started to invest in buying BitCoins. According to a Chinese website that engages in Bitcoin Exchange, 40 percent of their VIP clients who transact more than 10 million yuan BitCoin per day are females. They are Chinese Dama.

Except for the investment, Chinese Dama love Square Dance too. They usually perform square dance after dinner for their health. However, their neighbors are disturbed by their noise. Therefore, some people take extreme action to expel Chinese Dama from the public rest places.

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