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China Wealth List News and Reviews
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- Richest Chinese
Rich List Reviews is a listing of the
China's richest people. Most of the lists
discuss the stories published by business
magazines and newspapers that compile
China's rich lists including Chinese billionaires. See also :World
Rich Lists, Richest
Australians and Richest
Americans
China
had a booming industry in 2007 and its wealthy
residents amassed billions of dollars in
fortunes. 2008, however, has turned out
to be less than ideal for China's elite
and Forbes recent list of China's top 400
richest people reflects just how much the
global economy is affecting them. The estimated
combined net worth of China's 400 in 2008
was $173 billion, over $100 billion less
than the previous year. Losses and drops
in assets are blamed on the recent 60% drop
in mainland stocks combined with a 50% decline
in shares in Hong Kong. :::
Read Full China Rich List Article
With
China now embracing the ways of the West,
entrepreneurs are cashing in on a new type
of consumer that wants all the things that
the wealthier western countries like the
United States take for granted. Luxury goods,
real estate, home appliances, and cars are
now consumed like never before in the country
that has an economy growing at ten percent
each year. :::
Read Full Chinese Rich List Article
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