Thursday, September 19, 2013

There are more than 300 Chinese billionaires


There are more than 300 Chinese billionaires
According to the Huran report which follows China’s wealthy, the number of Chinese people worth at least US$1 billion this year has reached 315, which is 64 more than last year. According to the report there were none ten years ago.  The report also noted that the top five richest in China saw their wealth double this year, and that one in four of the people on the Hurun Rich List made their money from real estate. Wang Jianlin was ranked No. 1 for the first time on Hurun's annual list of Chinese tycoons.

Let’s hope being on the Huran report doesn’t negatively affect the people on the list.

China, the world’s 2nd largest economy, continues to be the most important market for companies looking for growth and Chinese companies continue to globalize by investing and selling their products in new markets; what is your company’s strategy for engaging China?
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