In Part 2 of Schema Magazine’s exclusive four-part series featuring speakers of the upcoming 2013 NAAAP International Convention (August 8- 10), we ask four tough questions about stereotypes, inclusion in society, racism in the workplace and the Truth & Reconciliation Commission (click here for more info about the speakers).
How are negative attitudes towards Chinese investors negatively affecting Canadian- or American-born Asians?
Having worked in Toronto and Asia over the past 5 years, I haven’t personally felt any overt negativity from North American companies. I don’t think, or at least I hope folks don’t paint people with broad strokes like this anymore.
Very little. I think Canadian- and American-born Asians are seen as people quite distinct from Chinese investors and the people I interact with don’t seem to have this on their minds at all. This is a complex topic and has many different ramifications depending on the specific investment area [businesses, real estate, etc]. I don’t see this as having a single answer.
I believe that ANY negative attitudes towards Chinese investors, or any other Chinese groups like engineers, have a very negative effect on all Canadian-/American-born Asians in general. When negative behaviors occurs by any immigrant Chinese, like theft of intellectual property (IP) or use of insider trading info for personal gains, it taints the rest of us who are good, hard-working people who try to do good things for society. When it repeatedly occurs, what happens is that the non-Asians start to see a common trend from that segment of the population and make wrong & generalized assumptions, like how people assume Muslims are terrorists.
They (Canadian/American born) will be subjected to prevalent (American) business and social stereotypes in much the same way today’s African American are subject to colour-based stereotypes.
Negative attitudes toward Chinese investors is similar to negative attitudes toward Japanese investors during the ’90s. Very few had negative attitudes toward British investors during this time, (even though they were far deeper in investments), because they were ‘invisible’ for being ‘White’.
Fabian De Rozario:
Negative attitudes towards Chinese investors are based on limited information – only the “bad news” that people hear. The issue is never the fact that investors in North America come from all around that world – that’s what a open, healthy market allows. The challenges are when fears/assumed threats to national security are publicized – and that fuels concerns about Chinese investors.