[QODLink]
101 East
The KaChing! Dynasty
China will soon be home to half the world's billionaires, so can the superrich help the superpower stay in the box seat?
101 East Last Modified: 10 Apr 2012 13:01

The Chinese economy is booming at a blistering pace.

It is driven largely by the Fudai: the superrich who call the superpower home. Many are just in their forties.

Connect with 101 East

From building 30-storey towers in just 14 days, to amassing a luxury fleet of sports cars or a private jet - China's million millionaires and 600 billionaires are helping to change the country's landscape.

And China's mad rush to urbanisation is only helping these elites get richer and richer.

With Europe and the US in the financial doldrums, 101 East asks if China's new dynasties have the economic ambition to rule the world.

 
101 East airs each week at the following times GMT: Thursday: 2230; Friday: 0930; Saturday: 0330; Sunday: 1630.

Click here for more 101 East.
Source:
Al Jazeera
Topics in this article
Country
Featured on Al Jazeera
Al Jazeera's exclusive publishing of a key Guantanamo prison military document lays bare the brutality of force-feeding.
Former military official says poverty and anger in indigenous communities mean conditions for an "insurgency" are ripe.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Featured
Somalia ghost town
Once a bustling haven, Elasha Biyaha has almost become a ghost town as residents flee.
Syria: The War Within
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
Hezbollah and Syria
Lebanon-based militia is assisting villagers caught up in the conflict.
China Rising
A four-part series that gives a rare insight into the country on the move, with history in tow.
Crisis in Bangladesh
Extensive coverage of war crimes tribunals and controversial calls for blasphemy laws.
join our mailing list