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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

2017-03-03 29 Dailymotion

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.
David Zweig, a professor of Chinese politics at the Hong Kong University of Science
and Technology, said he did not think the public would react negatively to the report by Hurun, which also publishes an annual China Rich List.
Among the delegates who will convene at the Great Hall of the People this week are some of the most famous names in corporate China, including Pony Ma, chief
executive of Tencent Holdings; Zong Qinghou, founder of the Hangzhou Wahaha Group, a beverage maker; and Lei Jun, founder of the phone maker Xiaomi.
“It’s basically a society where next year is going to be better than last year and it’s been going on for 30 years, so there’s no reason to assume
that people are going to look at these guys and say: ‘Oh, they’re really dirty.
The group also includes some Hong Kong tycoons, including Victor Li, the son of Li Ka-shing, the billionaire chairman of CK Hutchison Holdings.
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.