Where Did A Million Chinese Millionaires Come From
Economy | Information | History | Online | Facts | World | Global | Money
The Ka-Ching Dynasty! - China. From communism to capitalism, a new generation of very young, very rich people have emerged, but where did they come from? Subscribe to journeyman for daily uploads: http://www.youtube.com/journeymanpictures For downloads and more information visit: http://www.journeyman.tv/film/3523 Like us on Facebook: https://www.facebook.com/journeymanpictures Follow us on Twitter: https://twitter.com/JourneymanNews https://twitter.com/JourneymanVOD Follow us on Instagram: https://instagram.com/journeymanpictures The economic transformation of China has been electrifying. But with Europe teetering and the US plodding, can the biggest tiger of all keep on roaring? China's super-rich certainly think they can. Outside a private Beijing nightclub Porsches, Maseratis and Ferraris compete for space. Inside the club is packed with the children of China's super-rich enjoying a 'palace' themed party. China now has almost a million millionaires, six hundred billionaires, and the numbers keep growing at a staggering rate. As a reporter for the Hurun Report rich-list points out, they are a force to be reckoned with: "certainly we need to be aware of and understand this group." Even more striking is the bravado of China's super-rich, who feel that they can keep going from strength to strength. "I met an entrepreneur last week who said that if all goes to plan, in ten years time his business will be ten times the size it is now". The focus is certainly on quick growth. Current projections say that in ten years time half the world's billionaires will come from China. While there are warnings signs that the economic woes of Europe and the US will hit China, China's super-rich don't seem concerned. For some the hope is that the Chinese market will pick up the slack. For others, who have only known the good times, anything else is unthinkable: "if I have any spare money I buy sports cars." A Film By ABC Australia. Ref - 5412 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Comments
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what is the name of the song by a female singer in the club?
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their atmosphere is just so polluted. The air is brown!
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They come from rich and succesful families and businesses. Unlike most western people. Lazy, uningenuitive, boring. Then they hate that the rich chinese come. Even the poor non-chinese immigrants complain about the rich chinese because thats what poor people do. They hate.
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I can easily say this that (https://plus.google.com/u/1/102135744004462700008/posts/CAEdYumaQRw) have been a big influence on my life and life of other people all around the world who are literally making double the amount of money they were making without the app and all that with half the amount of time they used to give.
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Simple answer, they're doing the same thing we did in 2008 that'll crash the world stock exchange is nobody with power notices. If you don't know what happened in 2008 here's the quick answer. USA started selling house to people who couldn't afford it and the bonds on the houses were then sold on the stalk market. Unfortunately because nobody bothered to see what those stalks were worth people were basically selling I.O.U's and then the bubble popped and the world went to shit... well more shit.
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You are wasting whole a lot of your time and money if you are even considering to use any other app than (https://twitter.com/andrewmurphee/status/812617476584382464) because all of these apps are nothing compared to this and I am a clear evidence of that. I’ve been using it for a couple of months and now, and I haven’t been this happier in my whole life because I am making more money than I ever made.
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The 3D printing market will do to China what China did to America. But the thing about wealthy people is you can take away their money and they most likely will end up wealthy again.
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I am white. My uncle is Italian, a high school drop out and millionaire from owning a construction business. Everyone knows the construction business is corrupt, right? Enough said. Let them live up a little. White people like me are upset because they were not subject to racist white people stopping them at every turn from being successful in creating a great future for their families. The world is changing and pretty soon being 'white' might not be so cool anymore. Anyway, there's work to do worldwide... we do still have many poor blacks, Indians, latinos/latinx and other asian communities to keep under control.
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no need to watch the video. the answer is china.
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This is what happens when government gets out the way. You can build a sky scraper in 2 weeks. Fuck you gov!
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For the Chinese its ALL about getting RICH. And yet they think this century belongs to them. They need to pull something out of there sack of landfill-fodder other than a new and improved salad-shooter.
What made America great is that they literally invented the entire modern world we all now live in. I'm waiting(and hoping) that China gives the world new technologies that address basic issues we face as a Global community.
The Chinese nation has,for centuries survived poverty but can they survive prosperity? -
These millionaire are so young!! 😱😱
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What are the two songs in the beginning?
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I'm amazed by those numbers.
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Only one problem: the high-end real estate they're building is sitting empty because more than 90% of the population makes less than $1,000 a month.
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How are they making money building buildings that are not occupied?
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I am surprised that so many wealthy Chinese are buying Canadian passports as an insurance policy. This is just like Indians, Pakistanis and other nationalities who don't have 100% faith in a smooth future in their own countries.
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Funny to see western losers crying~~ They just do not know what cause China rich are also western
~~~winners. -
Vietnam is the same as China, the government is broken. 99.99% of rich people here belongs to one of these two types:
1. Corrupt people
2. Taxes Evader -
there is lots of slave labor in China and other places. Most of these millionaires are slave drivers and use other people like everywhere else. It is good that everybody dies and you do not get your money to the afterlife if it exists. and if the laws of karma is at work then many rich people are in for a crude awakening
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