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Saturday, February 07, 2015

A Strange Sort Of Communism

According to the Hurun Global Rich List 2015 the world now has a record 2,089 billionaires - and for the first time, India has more of them than Britain or Russia. 'The  list charts every dollar billionaire currently living in the world. It shows an additional 222 billionaires were created last year, almost a third of whom were in China. The US still holds the crown for most mega-wealthy residents, at 537. But  China is not far behind with 430, having acquired 72 new billionaires in   2014.' (Daily Telegraph, 5 February) Somewhat comically the Chinese government still claims to be communist. RD

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