China’s rich are increasingly protecting themselves against the volatility of the stock and real estate markets by cashing out. A new Hurun China rich list documents the billionaires in cash, tells Hurun founder Rupert Hoogewerf to local media.
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Hurun by Fantake via Flickr Chinese women and retailers might be doing well on the Hurun rich list, compiled by Rupert Hoogewerf, but real estates tycoon saw their wealth shrink by 25 percent, writes the People’s Daily and attributes this to successful government efforts to cool down the industry. TheRead More →

Oprah: beaten by Chinese women via Wikipedia Rich Chinese women are not only leading China’s rich list, but worldwide, says Rupert Hoogewerf or Hurun, composer of the Hurun China Rich List today in the Strait Times. MORE than half of the 20 richest self-made women in the world are Chinese,Read More →

Zhang Lijia by Fantake via Flickr Celebrity author Zhang Lijia tells in Expressbuzz.com how her now famous book “Socialism is great” came into being. She was still a factory girl in a plant producing rockets: It was in the factory that she started to write. She also began to studyRead More →

Changing families values Chinese women are becoming a new force in domestic consumption as they command half of the household budget, writes Newsweek, who tapped into the brains of Tom Doctoroff, Shaun Rein and Paul French, all speakers for the China Speakers Bureau. Shaun Rein on the figures: For WesternRead More →

Shaun Rein by Fantake via Flickr Saving tops no longer the agenda of China’s consumers as new generations kick in and see their disposable income grow, tells Shaun Rein Chinese media “We interviewed 5,000 people under the age of 32 across China. They have an effective savings rate of zero,”Read More →