Origins and powers of the new rich
According to the Singtao Daily, which speaks of a class that is bureaucratic and capitalist at the same time, wealth depends on the power wielded by the family, whether it is legal, illegal or "apparently legal" (??^?, ?^^?,??^^?^^?^). In present-day China, some posts are particularly priz...
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| Published in | China perspectives no. 1 (69); pp. 106 - 108 |
|---|---|
| Main Author | |
| Format | Journal Article |
| Language | English |
| Published |
Hong Kong
cefc French Centre for Research on Contemporary China
01.01.2007
CEFC |
| Subjects | |
| Online Access | Get full text |
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| Abstract | According to the Singtao Daily, which speaks of a class that is bureaucratic and capitalist at the same time, wealth depends on the power wielded by the family, whether it is legal, illegal or "apparently legal" (??^?, ?^^?,??^^?^^?^). In present-day China, some posts are particularly prized and are good ways of acquiring wealth: exercising control over imports and exports or over foreign investment, managing bank lending, assigning public works contracts, or controlling fi- nancial speculation. |
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| AbstractList | According to the Singtao Daily, which speaks of a class that is bureaucratic and capitalist at the same time, wealth depends on the power wielded by the family, whether it is legal, illegal or "apparently legal" (??^?, ?^^?,??^^?^^?^). In present-day China, some posts are particularly prized and are good ways of acquiring wealth: exercising control over imports and exports or over foreign investment, managing bank lending, assigning public works contracts, or controlling fi- nancial speculation. |
| Author | Bondois, Camille |
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| Copyright | Copyright © 2007 China Perspectives Copyright CEFC 2007 |
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| Snippet | According to the Singtao Daily, which speaks of a class that is bureaucratic and capitalist at the same time, wealth depends on the power wielded by the... |
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| Title | Origins and powers of the new rich |
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