Hurun Research found 1,094 individuals with more than CNY 5 billion (equivalent to US$700 million), down 12% or 147 individuals from last year. The total wealth of entrepreneurs on the list was US$3tn ...

China’s “second generation of rich” likes showing off their money. This group of 20-somethings can be seen driving luxury sports cars, wearing designer brands, or tapping on the latest electronic ...

Sons and daughters of China's newly rich. Before China's reform and opening, communism had substantially leveled the playing field, putting most people on more or less the same economic level. Since ...