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Millionäre
Mrz 13th, 2017 by Gao

Sui-lee Wee: Chinese Lawmakers’ Wallets Have Grown Along With Xi’s Power / 习近平时代,人大代表的财富迅速增长 (New York Times)

Mao once branded capitalists enemies of the Chinese people. In the era of President Xi Jinping, those capitalists are billionaire lawmakers — and they’re getting even wealthier.
The combined fortune of the wealthiest members of China’s Parliament and its advisory body amounts to $500 billion, just below the annual economic output of Sweden. Among that group of 209 entrepreneurs and business tycoons, the 100 richest saw their net worth rise 64 percent in the four years since Mr. Xi took power, according to the Hurun Report, an organization based in Shanghai that tracked the wealth of the delegates, ahead of their annual joint sessions that start on Friday in Beijing.
Since he was anointed leader, Mr. Xi has pledged to tackle income inequality, alleviate poverty and crack down on corruption. Warning that graft could bring down the ruling Communists, Mr. Xi has ordered an end to alcohol-fueled banquets and bribery, which often takes the form of red packets filled with cash or luxury handbags.
The increasing wealth of lawmakers “tells us that political power and money have remained tightly intertwined in China: this is a structural issue that Xi cannot solve,” but only hide, said Jean-Pierre Cabestan, a professor of Chinese politics at Hong Kong Baptist University.

Hurun Global Rich List 2017 (胡润百富)

The Hurun Global Rich List 2017 ranked 2,257 billionaires from 68 countries and from 1811 companies in another record-breaking year for the world’s billionaires.
Total wealth increased by 16% to US$8.0 trillion equivalent to 10.7% of global GDP, and up from 7% of global GDP five years ago. Hoogewerf said, “Global wealth is being concentrated in the hands of the billionaires at a rate far exceeding global growth.” …
Chinese billionaires led the USA for the second year running, with 609 compared with 552. Hoogewerf said “China and the USA have half the billionaires in the world.” …
The ‘Big Two’ are Greater China and the USA with 609 and 552 billionaires respectively, amounting to half of the billionaires on the planet. It has been a good year for Germany, which surged past India into third place. UAE and Indonesia broke into the Top 20 for the first time. Bangladesh contributed a billionaire for the first time, to take the countries that the billionaires reside in to 68 countries…
Greater China: No 1 with 609 billionaires, 41 more than last year. The combined net worth of the Chinese billionaires is US$1.6 trillion, 2.1% of the global GDP. Real Estate has generated most number of billionaires (120), followed by Manufacturing and TMT with 115 and 78 respectively. Led by Beijing, 5 Chinese cities make the top 10 cities and 7 the Top 20. Average age is 58, six years younger than the average of the list. China is the number 1 in the world in terms of generating self-made billionaires akin to “rags to riches” and is home to two-thirds of the world’s self-made female billionaires. A February IPO propelled Wang Wei, 46, of SF Express to third spot, with a five-fold growth in his wealth to US$27bn, just behind Wang Jianlin and Jack Ma. Corporate raider Yao Zhenhua of Baoneng saw the fastest growth on the list, rising almost eight-fold to US$15bn, but in February was barred from the insurance industry for ten years by the regulator…
New Entrants to Top 100. There were 23 new entrants to the Top 100, led by Chinese Express Delivery King Wang Wei of SF Express, whose February IPO saw his wealth shoot up five-fold to US$27bn, straight into 25 in the world. Others of note include former China Number One Ding Lei, 46, of Netease, and Elon Musk, who broke into the Top 100 for the first time. Lakshmi Mittal, 66, won back most of his losses from last year, on the back of a recovery in the global steel market…
Women. 15% of the list are women. Of the 152 self-made women, Chinese led the way with 121 (a staggering 79.6%), followed by 14 from the USA and 8 from the UK. The richest women are Liliane Bettencourt, 94, of L’Oreal with US$28bn, followed by Alice Walton of Wal-mart, Jacqueline Mars of Mars and Maria Franca Fissolo of Ferrero Rocher. The richest self-made woman in the world is Beijing Real Estate Queen Chen Lihua of FuHua with US$7.2bn. Hoogewerf said, “China is indisputably now the best place in the world to be a female entrepreneur.”…
Others include 115 Chinese billionaires with senior political appointments to the NPC and CPPC…
29% of billionaires are of Chinese origin, up 22 to 652 this year, and 252 new Chinese billionaires five years ago.

Wukan | Shan-Staat | Immobilien
Mrz 16th, 2015 by Gao

Lynn Lee, James Leong: Wukan Votes (AlJazeera)

In late 2011, Wukan, a village in southern China, captured international attention when it rose up against decades of corrupt leadership.
The odds appeared insurmountable – Chinese authorities are not known for tolerating dissent. Still, despite a crackdown and the death of a leading activist, the unthinkable happened.
The Village Committee fell and democratic elections were announced. So what happens after a successful uprising?
This two-part series Wukan Votes begins as the elections get underway and China’s extraordinary experiment in grassroots democracy begins.

China warnt Myanmar vor erneuter Grenzverletzung (Zeit)

China hat mehrere Kampfjets an die Grenze zu Myanmar geschickt, nachdem die Explosion einer Bombe in der südwestchinesischen Provinz Yunnan am Freitag vier Menschen getötet hatte. Die Luftwaffe wolle Flugzeuge aus Myanmar über chinesischem Gebiet „verfolgen, beobachten, warnen und vertreiben“, sagte ein Sprecher. …
Die Bombe schlug in einem Zuckerrohrfeld in der Stadt Lincang ein. Vier Arbeiter wurden getötet, neun weitere verletzt. In die Region sind 60.000 Menschen aus dem nordöstlichen myanmarischen Bundesstaat Shan geflüchtet, seitdem die Streitkräfte dort gegen Rebellen vorgehen. Der Aufstand in Shan begann am 9. Februar. Die Regierung hat inzwischen den Notstand ausgerufen.

David Barboza: In China, a Building Frenzy’s Fault Lines (New York Times)

As the real estate market in the United States was collapsing in the mid-2000s, Wall Street went in search of new terrain, and found it in China. All across the country, from Beijing to Shenzhen, sprawling housing developments and business districts were popping up, seemingly overnight. Real estate prices were soaring. Western banks, hedge funds, private equity firms and other investors wanted a piece of the action.
Billions poured into Chinese real estate, and big foreign financial firms hunted for the next hit — the small bet that investors could ride to great heights.

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