Posted on 12/09/2006 9:51:28 PM PST by Flavius
China’s population is so large and its economy growing so quickly that the Chinese are set to take over second place in the league table of the world’s wealthy people in the next decade.
Research published this week by the World Institute for Development Economics Research of the United Nations University (UNU-Wider) showed that an adult needed to own $61,000 of net assets to be in the richest 10 per cent of the world’s wealth distribution and that in 2000, Chinese people represented less than 1-in-100 of this group.
ADVERTISEMENT
But such is the pace of development that Professor Anthony Shorrocks of UNU-Wider thinks that China will soon have more people in this group than Japan. The Japanese currently account for a fifth of the world’s top 10 per cent.
(Excerpt) Read more at ft.com ...
Mao must be turning in his grave.
he is actually above ground...in a plexiglass display
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
I realized that right after I wrote that, but you get the point.
Being a high up in the Communist Party can be very rewarding. Castro and Kim Jong Il are two of the richest men in the world.
"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." -Manuel II Paleologus
"Deng Xiaoping"
Thought that was the noise a bullet makes when it ricochets. (grin)
China - our new best friends. And I'm not being sarcastic.
China had plenty of time to try-out Commynism, and since they inheirited Hong Kong, a very short time to try-out Capitaliski.
They may have to build a bridge over to Taiwan, just to get more workers!
What was it, 1999, when they got Hong Kong? Like a duck to water. Amazing..................FRegards
But the difference is that top leaders of China consist of
technocrates these days, they've got good education and
some quality as leaders. Not like Castro or Kim Jungil who
succeeded the throne from father, what a nonsense, in my point as a Korean.
China - our new best friends."
TANKS for the ping,,How do you say "WalMart"...;0)
Good. Now when the whiners spew that the rich countries aren't doing enough, they better include China as one.
They also have hundreds of millions more people who are still poor, and massive financial and state-owned enterprise sectors that are as rickety as hell.
This isn't to discount the amazing progress they've made, but, as Han Solo might have said: "Nice growth kid, don't get too cocky."
Funny how so many of them are from the '50 families' and who are Party members and integral in the Chinese government.
Some Pigs ARE more equal than others......
I get damned sick and tired of the consistent (and ignorant) Wal-Mart bashing on every thread that happens to mention Red China.
Wal-Mart is no different in its product mix than every other major retailer. They ALL sell Chinese products.
Give it a rest. It's NOT funny.
China = Walmart- hahahahahahahahahahahahahah- j/k
"TANKS for the ping,,How do you say "WalMart""
I get damned sick and tired of the consistent (and ignorant) Wal-Mart bashing on every thread that happens to mention Red China.
Wal-Mart is no different in its product mix than every other major retailer. They ALL sell Chinese products.
Give it a rest. It's NOT funny."
Das Va'da'nia, Komerad Kommisar Thought Polizi !!!
XIN LOI You Sickey-Boy/Girl...See Doktor !!!
XIN LOI You Tired-Boy/Girl...Git Sum Sleep !!!
XIN LOI I Ignert-Boy...Dum GI/Vet !!!
XIN LOI WalMart Krappola come from COMMIES !!!
XIN LOI You No See Funi !!!
XIN LOI You Gotta' NOZE PLOBLUM,,Maybe Coc'e'Dau Help !!!
XIN LOI You Boo-Koo Dinke Dau
You De De Mau.................!
And you de idiot.
I Agree !...;0)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.