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2012/03/09

China's Billionaire Boom Halts, Country Leads World In Forbes List Drops

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Yet it isn’t a sure that that the billionaire boom will return soon. The government, after following an export-led and industry-heavy development model for years, appears to be struggling to nudge the economy in new direction. And China, long a high-ranking member of the “Forbes Misery Index” due to steep tax rates, appears to be looking for ways to increase its take from successful entrepreneurs and individuals through new tax hikes at a time when many entrepreneurs are already worried that state-owned companies receive growing under treatment.

China's Billionaire Boom Halts, Country Leads World In Forbes List Drops - Forbes:



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