. The Hurun rich list, which ranks China’s wealthiest people with a minimum net worth of 5 billion yuan , said only 1,305 people made the mark this year, down 11% from last year. Their total wealth was $3.5 trillion, down 18%. Meanwhile, the number of individuals with $10 billion fell by 29 to 56, and the number of dollar billionaires dropped by 239 to 946 this year, it added.
A two-year regulatory crackdown that has hit China’s biggest tech names such as Alibaba Group \n \n and Tencent\n \n and concerns that leader Xi Jinping will sacrifice growth for ideology in his third term, have also weighed on investor confidence, with Hong Kong and mainland stock markets tumbling in recent weeks. Yang Huiyan, the businesswoman behind Country Garden Holdings Co Ltd, which like many other Chinese developers has been battling debt issues, saw her wealth fall by $15.
hhh
When China start with bio-terrorism COVID19 to kill EU and the world for global power and now endorse China Boy PutinIsaWarCriminal in war against Ukraine only for money / global order It's only arrogance and envy that show no risk attaking west world. The hell is waiting for
dats ok it is but only money. more important they were SHUT! :).
Is good!
Please make this your headline! This needs to be stopped and you can help with it IranRevolution MahsaAmini
China's super-rich will be penniless tomorrow if they defy the CCP.
O
😂😂😂