http://scotlandonsunday.scotsman.com/features/Anna-Burnside-The-Commie-consumers.6842233.jp
The national average income is 50,000 yuan (£5,000), less than Angola and Albania. Only 24 million of the population's earnings are above the tax threshold.
But the rich spend spend spend...Conspicuous consumption must become less conspicuous so the Party outlawed billboard advertisements that promoted "hedonism, lavishness and the worship of foreign things".
The new Hurun Rich List, of Chinese individuals with a net worth of over 10 billion yuan (£1 billion), numbers 127.
Subscribe to:
Post Comments (Atom)
-
Paternalism is a common attitude among well-meaning social reformers. Stemming from the root pater, or father, paternalism implies a patria...
-
Ecuador's President Rafael Correa said Washington must let him open a military base in Miami if the United States wants to keep using an...
No comments:
Post a Comment