Friday, 21 May 2010

Today on Beyond Beijing - May 21st - China's Rich!

According to the annual Hurun Report, by the end of this year about 875,000 people in China will each possess at least 10 million yuan – that’s about 1.7 million US dollars – in assets. That is an increase of 6 percent from last year. So what has made this lucky group immune from the global recession?

Xu Qinduo, Patrick Chovanec, Johnson Chng, Chris Gelken

On Today's panel were:

Paul Maidment, Editor of, and Executive Editor, Forbes

Patrick Chovanec, Associate Professor at Tsinghua University

Johnson Chng, Partner of Bain & Company, Head of the firm's Financial Services

To hear what they had to say about the nouveau riche in one of the world's fastest growing economies - how they made their money, how they are spending it, and how they are investing it, take a listen to China's Nouveau Riche!

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