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This page contains all of the posts and discussion on MemeStreams referencing the following web page: For China's Wealthy, All but Fruited Plain. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.

For China's Wealthy, All but Fruited Plain
by Jeremy at 6:05 am EDT, May 15, 2002

Li Qinfu races his purple Lamborghini toward what looks like the United States Capitol rising above the canola fields south of Shanghai.

As he turns into the manicured grounds surrounding the domed marble building, there stands an 18-foot, three-ton bronze likeness of himself, right hand raised as if beckoning to the future.

"It would have been too dangerous to cast the hand waving with the palm turned out."

While the Communist Party publicly embraces capitalists these days, inviting them in a controversial decision last July to join the party, it is still trying to restrain the emergence of a wealthy class.

...the super-rich have reached critical mass ... China now has one of the world's greatest wealth gaps, from almost none 20 years ago.

"In a one-party country everything looks peaceful, but when there's a problem, it's a big problem. The current problem is that there's isn't enough competition and people aren't worried."


 
 
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