What impact the super rich are having in China and what is their prominence and ostentation saying about the Communist Party's complicated attitude to capitalism? Young entrepreneurs are the reflection of Chinese society today. Only two things count: money and success. You can never have enough money. Money helps them fulfill their dreams. China's new rich spend their money well. For evidence you need look no further than the luxury fairs, constantly running across the country.
By 2015 China will replace Japan as the largest single market for luxury goods. By then, Chinese spending on luxury items is estimated to reach more than €20 billion per year. The potential luxury goods market in China is huge. There are 1.3 billion people in China. If onl...
Title: Meet The New Generation Of Chinese Billionaires
Published on Aug 24, 2016
Uploaded by: Journeyman Pictures
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