Breaking News

Label / Tag Ex:

China's 'super rich' legislators get richer

China's 'super rich' legislators get richer http://ift.tt/2FI0JQR

China's 'super rich' legislators get richerThe Chinese Communist Party's annual legislative session will count more than 150 "super rich" members whose total net worth has soared to $650 billion, or double Ireland's annual GDP, a report showed Friday. From internet tycoons to real estate barons and auto industry leaders, some of the wealthiest people in the world's second-largest economy will grace the corridors of the Great Hall of the People for meetings that start this weekend. The NPC has the momentous task this year of passing a constitutional amendment that will lift presidential term limits, clearing the way for President Xi Jinping to stay in power beyond the end of his second five-year term in 2023.


No comments