Focus on U.S. investment immigration and listen to American stories: In February 1899, the Moore Company sent Hoover to China for mining activities. Excited, Hoover immediately proposed to his girlfriend, whom he had known for several days, and left the United States with his wife the day after their wedding, heading to China thousands of miles away.
In 1900, the Boxer Rebellion broke out, changing Hoover's fortunes. Apart from saving the daughter of Tang Shaoyi, who later became the Prime Minister of the Beiyang Government, near his residence in Tianjin, he also connived with the German Deutz to fraudulently obtain the ownership of the Kaiping Mining Bureau, thereby earning his first pot of gold in life.
A stock from the Qing Dynasty, personally signed by Hoover, the 31st President of the United States, was recently exhibited at the Shenyang Financial Museum. What is less known is that over a hundred years ago, 24-year-old Hoover was sent as a “white-collar” worker to the coal mines in Tangshan, Hebei, China.
Hoover's working experience in China made him the first millionaire among Americans to get rich in China, and he used those assets to continue developing after returning to the United States, subsequently transitioning into politics. He was elected as the 31st President of the United States in 1929.