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The Rise of the Asian Billionaire | CGTN Dialogue

Tuesday,Oct 31, 2017

From: CGTN

 

【VIDEO WATCHING】

For the first time in the history, there are more billionaires in Asia than America. According to the Super-Rich List by UBS and PricewaterhouseCoopers, 637 in Asia and 563 in the U.S., and among the Asian memberships of the utter wealthy club, China’s 318 billionaires are increasingly making their presence felt. But in what ways is this happening? Compared with billionaires in Europe and North America, what are the key characteristics of the new super-rich in Asia, especially in China? What influence will they exert on our society and values?

The Dialogue Studio invited Dr. Wang Huiyao, the President of Center for China and Globalization (CCG), Jiang Wenran, Senior fellow at Institute of Asian Research of University of British Columbia, and Robert Koepp, Director of Economist Corporate Network, to discuss the above issues.

 

From CGTN, Oct. ,  2017

 

  • China opens its job market to foreign postgraduates

    In China, there is a big debate going on about the real economy and the virtual economy. Some say the real economy is shrinking because of the expansion of the digital economy, and even ask for more supervision of online operations by the government; those in the virtual economy argue that the lack of innovation and reform is what’s hurting the real economy. China’s Primer Li Keqiang has said, these economies need to be combined to promote the economic development in China, but high costs in the real economy remain an issue. Finding the way to get the balance right is an ongoing challenge.

  • CPEC: Building job opportunities

    China-Pakistan Economic Corridor (CPEC) is a pilot project under the Belt and Road Initiative (BRI). BRI involves almost 80 countries and 6 planned economic corridors.

  • Education can be effective channel to bring China, India closer

    China receives more Indian students than the UK, according to India’s TNN. New Delhi ranks among the top 10 nations sending the highest number of students to Chinese varsities, the report claimed, adding that China has now become another most favored country of international students after the US.

  • China’s Belt and Road Initiative promotes connectivity, development along ancient route

    More than three years ago, Chinese President Xi Jinping proposed to build the Silk Road Economic Belt and the 21st-Century Maritime Silk Road. Looking back at 2016, the Belt and Road Initiative has gained fruitful early achievements, promoting connectivity and opening up possibilities and potentials for development along the ancient trade route.

  • Is it time for China to Open its doors to Filipino domestic helpers?

    China’s growing demand for skilled domestic helpers offers the prospect of a new line of exchange between China and the Philippines as the two countries try to mend ties by playing down territorial disputes in the South China Sea.