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Blossom
Joined: 30 May 2005
Posts: 291
Location: Beijing China
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 Posted: Fri Nov 04, 2005 4:56 pm Post subject: Chinese Billionaire |
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How is it that the boss of CITIC (State owned) can become a billionaire?
From his salary? I don't think. |
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agnieszkus
Joined: 30 Oct 2005
Posts: 15
Location: Poland
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| Posted: Sat Nov 05, 2005 1:01 am Post subject: |
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what do you mean? I'm not in- could you explaing this situation? attach some article or anything?
perhaps the guy simply inherited it from some rich aunt... 
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pugachevV
Joined: 16 Jan 2003
Posts: 2295
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| Posted: Sun Nov 06, 2005 8:47 am Post subject: |
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China is trying to move to market economy from centrally controlled one.
Everyone has chance to become billionaire.
Work hard Blossom, you can be next.
Maybe he is corrupt is what you think? |
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RedRose
Joined: 21 May 2004
Posts: 2735
Location: GuangZhou, China
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| Posted: Sat Nov 12, 2005 8:07 pm Post subject: |
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Blossom, most of billinaires are some government officers, especially upper officers. they earn their money by kickback, bribery or something like that.
How dose a person becomes a billinaire? umm, maybe chance is more important than working hard. |
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element105
Joined: 14 Jun 2004
Posts: 518
Location: Tsingtao,China
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| Posted: Sun Nov 13, 2005 12:40 am Post subject: |
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| This is the change,creating different classes for the first step,we call this the Chinese style. |
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wujihigh
Joined: 28 Nov 2005
Posts: 7
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| Posted: Mon Nov 28, 2005 1:23 am Post subject: |
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The phenomenon what auther metioned is natural in China.I think
So, if you want to became a billionaire,try your best to became a upper officer. |
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VMVM
Joined: 24 Nov 2005
Posts: 23
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| Posted: Mon Nov 28, 2005 10:57 am Post subject: |
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What are chinese people doing to avoid that problem?
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VMVM |
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RedRose
Joined: 21 May 2004
Posts: 2735
Location: GuangZhou, China
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| Posted: Fri Dec 02, 2005 7:06 am Post subject: |
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| VMVM wrote: |
| What are chinese people doing to avoid that problem? |
I wish I knew  |
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brightkelly
Joined: 24 Oct 2003
Posts: 19
Location: china
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| Posted: Wed Dec 07, 2005 5:43 am Post subject: |
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Most Chinese rich people are businessman, and many are from private companies, not just state-owned one. However, if you wish to succeed in business in China, you have to have good connection with the Chinese government.
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stucolin
Joined: 11 Dec 2005
Posts: 11
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| Posted: Mon Dec 12, 2005 2:15 am Post subject: |
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but may be is a commen sense that officers in China are forbidden to take in business affairs, it means that they could not become a millionare only by his or her occupation. i think there are many possibilities that why they can so rich, and our country is trying best to fright to corruption, which is an unnormal way to become rich for them.. 
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