Wednesday, September 11, 2013

A Strange Kind of Communism

Wang Jianlin is a property magnate who can count the world's largest cinema chain amongst his business interests, in addition to dozens of shopping centres and five-star hotels. ' Now Wang Jianlin can add another accolade befitting his billionaire status -he has been named China's richest man by Forbes. The 58-year-old Sichuan native, whose Dalian Wanda Group conglomerate this summer acquired a 92 per cent stake in the luxury British yacht manufacturer Sunseeker, whose boats have appeared in a number of James Bond films, is worth £8.9bn, the influential publication said.' (Independent, 10 September) How can the Chinese government claim to be a communist country when they have a member of the capitalist class "worth" £8.9 billion? RD

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