A survey conducted by The Hurun Report says China now has 596 billionaires, surpassing the U.S. tally for the first time (the U.S. has 537 billionaires, according to the report). If 119 billionaires from Hong Kong, Taiwan, and Macao are added, Greater China owns 715 billionaires in the “Hurun Global Rich List.”
i'm not surprised. Here in Australia, the Chinese have completed inflated the prices of properties in our suburb. 10 years ago our houses were at 500k, now the smallest, most basic single-story houses sell for at least over 1million just because Chinese migrants want to live in asian suburbs so they bid at prices which automatically make other people lose i need to know where they get this money from
In China, more billionaires just mean more corruption and less human right
Exactly. This is not a good thing. It shows an inequality in wealth.
The US is currently has the problem where the few have all the wealth in the country. I believe it is said that 90% of the US wealth belongs to the top 1% in the country. Many people in China make extremely low wages but there are a few keeping all the wealth. This is not a good thing for either the US or China. Also if you have wealth, you have power. Thus the wealthy end up making all major decisions for the country. About to be a lot of corruption in favor of the rich.
Exactly. This is not a good thing. It shows an inequality in wealth.
The US is currently has the problem where the few have all the wealth in the country. I believe it is said that 90% of the US wealth belongs to the top 1% in the country. Many people in China make extremely low wages but there are a few keeping all the wealth. This is not a good thing for either the US or China. Also if you have wealth, you have power. Thus the wealthy end up making all major decisions for the country. About to be a lot of corruption in favor of the rich.
The people who started the revolution would be appalled at this I'm sure
i need to know where they get this money from 
