went from to the end of World War II and , to the founding of New China, and then to today's China.
We have gone from a poor life to the second largest economy in the world. This is the result of the hard work of every Chinese in the Chinese nation. Some people study abroad to learn advanced technologies from abroad and serve their motherland after returning.
However, some people choose to go abroad to transfer to foreign nationalities after studying in China, and steal our country's technology and harm our country.
This is Hu Shitai. After he became a foreigner, he caused our country a direct loss of hundreds of billions of dollars. Now that he is released from prison, he is still living and drinking outside. So what's the story? Let us learn about Hu Shitai’s story together!
Peking University Talented Hu Shitai
As we all know, Tsinghua University and Peking University are the highest institutions of higher learning in our country and the university that most young children dream of. Thousands of outstanding talents have been cultivated here and they have made great contributions to the development of our country.
In colleges and universities like Qingbei, teachers not only focus on cultivating children's knowledge, but also constantly pass on correct values and ideas to students.
This is not only the teachers’ ardent expectations for their children, but also the society and the country’s expectations for college students, hoping that they can use the knowledge they have learned to repay the society and jointly build a beautiful China .
Peking University once had such a top student who used his talents to work abroad and became an Australian citizen, causing the country to lose hundreds of billions of dollars. He is the well-known Hu Shitai.
Hu Shitai was born in 1963 in an ordinary working-class family in Tianjin. The family at that time was not very wealthy and lived in poverty.
Therefore, Hu Shitai worked very hard at that time, and God paid off. After his hard work, he was finally admitted to the History Department of Peking University. It is reported that he was only 16 years old at the time.
During the time when he was studying at Peking University, Hu Shitai also studied very hard. The teacher took a fancy to his learning ability and talent, and invited him to work as an assistant at Peking University after graduation.
But Hu Shitai did not follow his teacher's advice. Instead, he first worked for CITIC Group for a period of time and then went to Australia to study and successfully obtained a doctorate.
After graduating from Australia, Hu Shitai became an ordinary employee in the iron mine. Later, Hu Shitai used his connections in China and those who graduated from Peking University to win a large order, made a lot of money, and his position quickly increased.
my country lost hundreds of billions of dollars
In 1997, Hu Shitai gave up his Chinese nationality and became an Australian citizen. With Hu Shitai's efforts, he gradually rose to the position of Rio Tinto's China representative.
At that time, China's economy had just begun to take off, many rules had not yet been perfected, and the market order was not very perfect, especially in mining trade. Hu Shitai took a fancy to the opportunity during this period and took advantage of it.
Changxie mine and trading mine are two different minerals.
The Changxie Mine signs a long-term and stable agreement to supply minerals, while the trading mine first puts the collected ore at the port for a period of time.
looks at the right time to find opportunities with high prices and then sell them. Since the buying and selling rules of the two ores are different, Hu Shitai took advantage of this difference to make money.
That is to say, Chinese mining companies will sign contracts with some companies that want to bribe Hu Shitai. After signing a long-term and stable contract, these ores were sold at high prices.
At that time, although Hu Shitai's salary was not low, it was not high either, only a few hundred thousand dollars a year. But Hu Shitai made a lot of money by collecting bribes. Hu Shitai used the money to buy several valuable villas and luxury cars at home and abroad.
At the same time, Hu Shitai was also suspected of stealing trade secrets. When he was in contact with my country's ore companies, he used sweet talk to steal a lot of China Steel ore secrets while drinking and discussing business with the senior executives.
Domestic mining bosses who lacked foreign trade experience mistakenly trusted Hu Shitai's words and disclosed my country's commercial secrets to Hu Shitai.
Hu Shitai’s five-year espionage in my country caused direct losses of up to 700 billion yuan to my country’s steel industry. However, our country's losses have brought high profits to Australia. The profits earned from steel account for 75% of Australia's GDP1 GDP.
In 2009, the Chinese police arrested Hu Shitai on suspicion of commercial bribery and commercial espionage. In the later sentencing, he was sentenced to 10 years in prison , all personal property in my country was collected, and he was fined 750,000 yuan.
However, Hu Shitai had already transferred the profits he earned at home to foreign countries, so this punishment did not bring much loss to Hu Shitai.
In June 2011, Australia transferred Hu Shitai, who was serving his sentence in China, to Australia to continue serving his sentence until he has served 10 years in prison.
Life after prison will be more relaxed
Hu Shitai was given the opportunity to have his sentence reduced because of his good behavior in prison. He was successfully released from prison in Australia in 2018. After
was released from prison, Australia did not have a bad impression of Hu Shitai because of his past behavior. Instead, Rio Tinto immediately hired him as a senior executive of the company after he was released from prison.
With the help of Rio Tinto, Hu Shitai still lived a life of dissatisfaction and showed no regrets for what he had done.
The Australian Hu Shitai took away rich property from the country where he was raised and lived a luxurious life without any regrets.
Hu Shitai may not be the only one who is so ungrateful. From this incident, we should also be alert and prevent such incidents from happening.
Not only should we improve relevant laws, but we should also reflect on whether there are problems with our own education methods. We cannot blindly instill knowledge and cultivate talents, but also pay attention to the cultivation of young people's character.
Conclusion
Hu Shitai’s behavior is condemned whether it is placed in the past or in today’s social environment.
His attending university in China was inseparable from China's training for him. However, he betrayed his motherland and cost the country that raised him 700 billion yuan.
He not only failed to live up to the training given to him by Peking University, failed to live up to the cultivation of him by his teachers, failed to live up to the expectations of the society, but also had an impact on the reputation of his alma mater.
A person's academic performance does not represent his character. Hu Shitai's behavior perfectly illustrates this truth. Regardless of our level of education or our noble or humble background, I hope that you and I will be upright people no matter what and not be blinded by money!
At the same time, we also want to thank those who silently contribute to the motherland. It is precisely because of their silent dedication without regrets that we can live a happy life today.
