70 billionaires in the Peoples Republic of China

Rank Name Net Worth ($mil) Age Company
1 Wang Chuanfu 5,800 43 BYD
2 Liu Yongxing 5,500 61 East Hope Group
3 Zong Qinghou 4,800 64 Wahaha Group
4 Lu Xiangyang 4,100 47 Guangzhou Youngy Mgt & Investment Group
5 Yang Huiyan 3,900 28 Country Garden
6 Hui Wing Mau (Xu Rongmao) 3,850 59 Shimao Group
7 Ma Huateng 3,800 38 Tencent Holdings
8 Liu Zhongtian 3,790 45 China Zhongwang Holdings
9 Zhang Jindong 3,700 46 Suning Appliances
10 Wang Jianlin 3,500 55 Dalian Wanda Group
11 Chen Fashu 3,200 48 Newhuadu Industrial Group
12 Liang Wengen 3,100 52 Sany
13 Zhou Chengjian 3,000 44 Shanghai Metersbonwe Fashion & Accessories
14 Robin Li 2,900 41 Baidu Inc
15 He Xiangjian 2,800 67 Midea Group
16 Lu Zhiqiang 2,650 58 Oceanwide Group
17 Liu Yonghao 2,600 58 New Hope Group
18 Zhang Zhirong 2,500 40 Jiangsu Rongsheng Heavy Industries/Glorious Proper
19 Huang Wei 2,400 50 Xinhu Zhongbao
20 Guo Guangchang 2,350 42 Fosun International
21 Lu Guanqiu 2,320 64 Wanxiang Group
22 Zhang Xin 2,300 44 Soho China
23 William Ding Lei 2,250 38 NetEase.com
24 Zhang Guiping 2,200 58 Suning Universal
25 Chu Lam Yiu 2,150 40 Huabao International Holdings
26 Zhang Li 2,100 56 Guangzhou R & F Properties
27 Zhu Yicai 1,900 45 China Yurun Food Group
28 Chen Yihong 1,850 51 China Dongxiang Group
29 Wu Yajun 1,750 45 Longfor Group
30 Zhou Furen 1,730 58 Xiyang Group
31 Yan Cheung 1,720 52 Nine Dragons Paper
32 Zhang Zhixiang 1,700 42 Jianlong Steel
33 Chu Mang Yee (Zhu Mengyi) 1,670 50 Hopson Development
34 Cho Tak Wong 1,650 64 Fuyao Glass Industry Group
35 Shi Yuzhu 1,600 47 Giant Interactive Group, Shanghai Jiante
36 Shen Guojun 1,570 47 Yintai Investment
37 Zhu Gongshan 1,550 52 GCL Poly Energy Holdings Ltd
38 Tong Jinquan 1,520 54 Changfeng Group
39 Qi Jinxing 1,500 47 Hangzhou Binjiang Real Estate Group
40 Fang Wei 1,450 36 Fangda Carbon New Material/Fangda Group
41 Shen Wenrong 1,400 67 CITIC Pacific
41 Larry Yung 1,400 63 Jiangsu Shagang Group
41 Zhang Zhidong 1,400 37 Tencent Holdings
44 Chen Lihua 1,300 68 Fu Wah International
44 Chen Tianqiao 1,300 36 Shanda Interactive Entertainment
44 Li Shufu 1,300 46 Geely Automoe Holdings
44 Lin Li 1,300 46 Ping An Insurance Group Co of China Ltd
44 Jack Ma 1,300 45 Alibaba.com
44 Xia Zuoquan 1,300 47 BYD
44 Xian Yang 1,300 35 Hidili Industry International Development
51 Du Shuanghua 1,200 44 Rizhao Steel
51 Gao Dekang 1,200 57 Bosideng International Holdings
51 Geng Jianming 1,200 47 RiseSun Real Estate Development
51 Huang Maoru 1,200 44 Maoye International Holdings
51 Ke Xiping 1,200 50 Xiamen Hengxing Industrial Company
51 Wang Jiufang 1,200 46 Rongan Property
51 Zhang Keqiang 1,200 49 Huamei International Investment Group
58 Chen Jinshi 1,100 41 Yongjin Group
58 Chen Jinxia 1,100 47 Jiangsu Zhongnan Construction Group
58 Chen Zhuolin 1,100 47 Agile Property Holdings
58 He Jinming 1,100 57 Renrenle Commercial Group
58 He Zhusheng 1,100 62 Haicheng Houying Trading Group Co., Ltd
58 Huang Rulun 1,100 58 Century Golden Resources Group
58 Huang Wenzai 1,100 56 Star River Property Holding
58 Shi Zhengrong 1,100 46 Suntech Power Holdings
58 Wang Yusuo 1,100 45 Xinao Gas Holdings
58 Yao Juhuo 1,100 78 Meijin Group
58 Yuan Kaifei 1,100 57 New Century Shipbuilding Corporation
58 Zhang Cheng Fei 1,100 39 Nine Dragons Paper
70 Chen Ningning 1,000 56 Tibet Cheezheng Tibetan Medicine Co.,Ltd
70 Hoi Kin Hong 1,000 43 Excellence Group
70 Lei Jufang 1,000 28 Haixin Steel
70 Li Hua 1,000 54 Fujian Sanan Group/Sanan Optoelectronics
70 Li Zhaohui 1,000 60 Smart Triumph
70 Lin Xiucheng 1,000 51 Wuhan Fingu Electronic Technology
70 Meng Qingnan 1,000 47 Xinjiang Guanghui Industry
70 Sun Guangxin 1,000 57 Powerlong Real Estate Holdings
70 Ye Chenghai 1,000 66 Shenzhen Salubris Pharmaceuticals
70 Zhatng Xiangqing 1,000 40 Tianjin Rockcheck Steel Group

Warren Buffett loves Chinese Cars

Warren Buffett's Chinese Cars Will Start Killing The US Auto Industry As Soon As This Year

Vincent Fernando
Jan. 13, 2010, 7:12 AM

BYD, the upstart Chinese electric car maker Warren Buffett famously has an investment in, is planning enter the U.S. market as soon as the second half of this year.

Considering the U.S. market entrance by multiple new auto players (from Chinese firms BYD and Geely, to India's Tata and even U.S. upstart Tesla Motors) expect auto industry competition to get far more intense than it already is.

article

Chinese gender imbalance will leave millions of men without wives

More than 24 million Chinese men of marrying age could find themselves without spouses in 2020, with sex-specific abortions a major factor.

A study by the government-backed Chinese Academy of Social Sciences named the gender imbalance among newborns as the most serious demographic problem for the country's population of 1.3 billion.

"Sex-specific abortions remained extremely commonplace, especially in rural areas," where the cultural preference for boys over girls is strongest, the study said, noting the reasons for the gender imbalance were "complex".

article

China and the global auto market

There’s a picture of a soldier from the People’s Republic of China on this morning’s Drudge Report, depicting, Internet style, how China has finally ended the U.S.’s reign as the world’s largest auto market.

Had Drudge and Bloomberg.com, who broke the story been more journalistically correct, the lone soldier’s picture would have been flanked by those of Obama bagman George Soros and UN Poster Boy, Canadian-in-China Maurice Strong.

For it is a matter of fact that the People’s Republic of China did not naturally nor honestly win the race as world’s largest auto market, Soros and Strong made it happen.

article