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Most overseas Chinese are better off economically than ordinary residents in their host country. Even including USA
Quote:
Originally Posted by Greysholic
True my ass. Hong Kong and Singapore are two go-to cities for money laundering and tax evasion, of course there'd be lots of filthy rich people doing what rich people do. Taiwan has only the normal amount of billionaires for the size, Australia has the same population and they probably have more. Or the entire Scandinavia, they have about the same population and I bet they have more as well.
It's easy to become a billionaire, if you do not need to care about human and worker rights, pollution, intellectual property rights or business ethics while having an enormous 1+bln people market.
most developing countries have the same problem. why only China can produce so many billionnaires?
where is India? it is also a billion population market
Quote:
Originally Posted by Douglas Dakota
It's easy to become a billionaire, if you do not need to care about human and worker rights, pollution, intellectual property rights or business ethics while having an enormous 1+bln people market.
It's easy to become a billionaire, if you do not need to care about human and worker rights, pollution, intellectual property rights or business ethics while having an enormous 1+bln people market.
most developing countries have the same problem. why only China can produce so many billionnaires?
where is India? it is also a billion population market
One thing to remember is that Chinese are raised with one of the most strict levels of schooling. Beyond cheap labor, lousy laws, China has very talented labor. The problem with India was already addressed in the first page of this thread.
True my ass. Hong Kong and Singapore are two go-to cities for money laundering and tax evasion, of course there'd be lots of filthy rich people doing what rich people do. Taiwan has only the normal amount of billionaires for the size, Australia has the same population and they probably have more. Or the entire Scandinavia, they have about the same population and I bet they have more as well.
According to this list Taiwan has 33, and Australia has 27, that's pretty much the same.
Sweden has 26, Norway has 13, Finland and Denmark both have 6, Iceland has 1, that's 52 in total, and the population of all five combined is about 25 million. So yes, they easily win.
Taiwan has lots of rich people (and far more ****ed-up people, but oh well), but it's hardly special as other countries have lots of rich people as well.
According to this list Taiwan has 33, and Australia has 27, that's pretty much the same.
Sweden has 26, Norway has 13, Finland and Denmark both have 6, Iceland has 1, that's 52 in total, and the population of all five combined is about 25 million. So yes, they easily win.
Taiwan has lots of rich people (and far more ****ed-up people, but oh well), but it's hardly special as other countries have lots of rich people as well.
The number of billionaires calling London home has fallen for the first time since the financial crisis in 2008.
Known as one of the playgrounds of the super-rich, the capital had three fewer billionaires compared to last year, a fall of three per cent, but remains home to more than any other city in the world with 77.
The number of billionaires in Moscow, Los Angeles and Mumbai also declined, down 15 per cent, 12.5 per cent and 22 per cent respectively, according to figures from the latest Sunday Times Rich List.
Meanwhile, the number of Paris billionaires increased from 21 to 30 and in Beijing from 27 to 33.
The number of billionaires calling London home has fallen for the first time since the financial crisis in 2008.
Known as one of the playgrounds of the super-rich, the capital had three fewer billionaires compared to last year, a fall of three per cent, but remains home to more than any other city in the world with 77.
The number of billionaires in Moscow, Los Angeles and Mumbai also declined, down 15 per cent, 12.5 per cent and 22 per cent respectively, according to figures from the latest Sunday Times Rich List.
Meanwhile, the number of Paris billionaires increased from 21 to 30 and in Beijing from 27 to 33.
Strange to see the number of billionaires increasing in Paris. Moscow is understandable because of the drop on oil $$$... As for Los Angeles i don't see why it would decline...maybe they relocated to Santa Monica( home to the new tech rich people) or surrounding areas.
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