How Come There Are So Many Billionaires in Communist China?
An employee uses a machine to count Chinese ten yuan banknotes at the Professional Foreign Currency Exchange Ltd. (PFCE) store in Hong Kong, China. (Photographer: Anthony Kwan/Bloomberg)

How Come There Are So Many Billionaires in Communist China?

(Bloomberg) -- It’s official now that Jack Ma, chairman of the Chinese e-commerce giant Alibaba Group Holdings Ltd., is a member of the Communist Party. He’s also the richest of a growing gaggle of...
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.