0China's Richest Getting PoorerCapitalismDavid FrumUpdated Apr. 21, 2017 3:32PM EDT / Published Sep. 24, 2012 5:15PM EDT "Nearly half of the 1,000 richest people in China saw their wealth shrink in the past year," reports the Financial Times, "37 of them by more than 50 per cent. The average wealth of the top 1,000 also fell 9 per cent to $860m."David FrumGot a tip? Send it to The Daily Beast here.
"Nearly half of the 1,000 richest people in China saw their wealth shrink in the past year," reports the Financial Times, "37 of them by more than 50 per cent. The average wealth of the top 1,000 also fell 9 per cent to $860m."