Why Does China Have So Many Billionaires?
Why China And Taiwan Hate Each Other http://testu.be/1EeaFJp Subscribe! http://bitly.com/1iLOHml With over 300 billionaires, China's group of mega-wealthy citizens is rapidly expanding....
==========
In the first quarter of 2015, China reportedly saw a new billionaire emerge every week. After the United States, China has the most billionaires in the world, and in the last 15 years the number of billionaires has skyrocketed from just two to over 300. So, why does China have so many billionaires? Well, since 1978, china’s economic growth exploded following the reversal of strict Communist policies instituted by former leader Mao Zedong. In the past few decades, the country’s per capita wealth has increased by nearly 10% each year. China has gone from being an isolated, closed-market economy to operating countless international businesses utilizing more capitalist ideals. Today, Chinese economic policy encourages increased foreign trade and investment. Nota...
==========
In the first quarter of 2015, China reportedly saw a new billionaire emerge every week. After the United States, China has the most billionaires in the world, and in the last 15 years the number of billionaires has skyrocketed from just two to over 300. So, why does China have so many billionaires? Well, since 1978, china’s economic growth exploded following the reversal of strict Communist policies instituted by former leader Mao Zedong. In the past few decades, the country’s per capita wealth has increased by nearly 10% each year. China has gone from being an isolated, closed-market economy to operating countless international businesses utilizing more capitalist ideals. Today, Chinese economic policy encourages increased foreign trade and investment. Nota...
