BEIJING - China minted three times as many new billionaires than the United States in the past year, with fortunes made in drugs and online entertainment after a mini-boom from the coronavirus outbreak, a ranking of the world’s wealthiest people shows.
The Greater China region, including Hong Kong and Taiwan, created 182 new billionaires in the year to Jan. 31, taking its total to 799, according to the 2020 Hurun Global Rich List released on Wednesday. That compares with 59 new U.S. billionaires.
China is never a stable Republic.
Don't forget the population is higher.
China is a capitalist society with a communist government. In fact, an extremely materialistic, ambitious, anti-ideological, pragmatic and usually vicious apolitical (but also nationalistic) society that fully welcomes, and expects total state control and full monitoring society
Wow
THE LOVE OF MAMMON IS THE VERY ROOT OF ALL EVIL !!!
Comrade Deng once said, 'some must get rich before others.' Now, it's obvious some are getting too rich while others are too poor. In the spirit of the great Communism ideology of Motherland China, Chairman Xi needs to redistribute this wealth.
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