Saturday 17 October 2015

China billionaires overtake US: survey

POLITICAL ECONOMY
China billionaires overtake US: survey
Shanghai (AFP) Oct 15, 2015 - The number of billionaires in China has overtaken that of the United States for the first time, an annual survey said Thursday, calling it a "turning point" for the super-wealthy. Communist-ruled China now has 596 billionaires, up a "staggering" 242 over the last year, Shanghai-based luxury magazine publisher Hurun Report said, surpassing the 537 Americans. "The world used to look to Ame ... more


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