With over 300 billionaires, China’s group of mega-wealthy citizens is rapidly expanding. So, why does China have so many billionaires?
China Now Has A Record 400 Billionaires And Billionaire Families; Greater China 500+
“A rally in stock prices to seven-year highs in mainland China has lifted the number of Chinese billionaires and billionaire families to a record 400, according to estimates by Forbes.”
Corruption Threatens China’s Future
“With its economy soaring at around 10 percent a year for nearly three decades, China’s ascendance seems unstoppable. ”
China’s Hidden Wealth Feeds an Income Gap
“The Chinese economy is a little like the Milky Way: we keep discovering it’s larger than we thought, the difference may run in the trillions, and much is hidden from view.”
Long-term macroeconomic forecasts Key trends to 2050
“With many companies making strategic business decisions over long time frames, the long-term projections of The Economist Intelligence Unit (EIU) provide information to facilitate such decisions.”
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