The Ka-Ching Dynasty! – China

For downloads and more infromation visit: www.journeyman.tv The economic transformation of China has been electrifying. But with Europe teetering and the US plodding, can the biggest tiger of all keep on roaring? China’s super-rich certainly think they can. Outside a private Beijing nightclub Porsches, Maseratis and Ferraris compete for space. Inside the club is packed with the children of China’s super-rich enjoying a ‘palace’ themed party. China now has almost a million millionaires, six hundred billionaires, and the numbers keep growing at a staggering rate. As a reporter for the Hurun Report rich-list points out, they are a force to be reckoned with: “certainly we need to be aware of and understand this group.” Even more striking is the bravado of China’s super-rich, who feel that they can keep going from strength to strength. “I met an entrepreneur last week who said that if all goes to plan, in ten years time his business will be ten times the size it is now”. The focus is certainly on quick growth. Current projections say that in ten years time half the world’s billionaires will come from China. While there are warnings signs that the economic woes of Europe and the US will hit China, China’s super-rich don’t seem concerned. For some the hope is that the Chinese market will pick up the slack. For others, who have only known the good times, anything else is unthinkable: “if I have any spare money I buy sports cars.” A Film By ABC Australia Distributed By Journeyman
Video Rating: 4 / 5

23 thoughts on “The Ka-Ching Dynasty! – China

  1. It’s an expression for “money”. Ka-ching is sort of the sound a cash register makes when you open it.

  2. oh china is a evil empire tell me more about how america is such a noble country

  3. China gets the oil from Iraq at 2 bucs a barrel ,the federal reserve has been caught giving China many billions,as Obama gives many more to Brazil and other countries to build thier oil industry so China can get the contracts……..

  4. By the way, is this the 1920 all over again…and this big boom in building and having land was the big bust for the aristocrats in the U.K. during WWI and into the 1920.

  5. Stupidity rises all over the world, those wealthiest people will get even more wealthy and the poor will suffer just like in the rest of the world. Human being is so pathetic…

  6. maybe american will still be the richest china needs to build dirt houses !

  7. china is gonna beat american at richest country !!!!! americans you need to build more :D

  8. LOL Americans, your power is slipping, you won’t be #1 for much longer.

  9. They will build two towers that their owners will knock down. No to morrow but it will happen because it always has.

  10. If they knew what you should know they would know this is a dead end road and their children will learn this.

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