China fact of the day

The Hurun Report, based in Shanghai, tracks the nation’s wealthy and calculates that there were a record 271 billionaires (in U.S. dollars) in China in 2011. A third of the top 50 and five of the top 10 hold official political positions, the report says. “The richer they are, the more political positions they have,” it adds.

Here is more.

Comments

Comments for this post are closed