Why Does China Have So Many Billionaires?

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With over 300 billionaires, China’s group of mega-wealthy citizens is rapidly expanding. So, why does China have so many billionaires?

Learn More:
China Now Has A Record 400 Billionaires And Billionaire Families; Greater China 500+
http://www.forbes.com/sites/russellflannery/2015/04/20/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
http://carnegieendowment.org/files/pb55_pei_china_corruption_final.pdf
“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
http://www.nytimes.com/2012/01/26/world/asia/26iht-letter26.html?pagewanted=all
“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
http://pages.eiu.com/rs/783-XMC-194/images/Long-termMacroeconomicForecasts_KeyTrends.pdf?mkt_tok=3RkMMJWWfF9wsRouvqnAZKXonjHpfsXw6eooWKOg38431UFwdcjKPmjr1YQCSMV0aPyQAgobGp5I5FEPQrPYRK1jt6QEXw%3D%3D
“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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