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China is embracing its millionaires now, a switch from a few years back when many were jailed and targeted for more taxes after Forbes featured them as the country's newly rich. More than 300,000 Chinese have a net worth over $1 million, excluding property.
In China, To Get Rich Is Glorious
Seeded on Mon Jan 30, 2006 11:05 AM EST
Article Source: Business Week- Enjoy this article? Help vote it up the 'Vine.
- Public Discussion (2)
This article is so true. I remember just a number of years ago the buildings that were going up in Shanghai were giant monstrosities done without taste or planning. Now, you can walk around the city, in certain areas, surrounded by high-end retailers in classy commercial districts.
#1 - Mon Jan 30, 2006 5:25 PM ESTYou're in Easy Mode. If you prefer, you can use XHTML Mode instead. |
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