26 November 2010

China SignPost™ (洞察中国) #7: Follow the Money: “Rich Lists” Hint at Sectors that May Become Future Wealth Generators

Gabe Collins and Andrew Erickson, Follow the Money: ‘Rich Lists’ Hint at Sectors that May Become Future Wealth Generators,” China SignPost (洞察中国), No. 7 (26 November 2010).

Forbes Magazine recently published “rich lists” of the wealthiest people in China and the US. Analyzing the holdings of the 100 wealthiest people in each country helps give insights into the structure of the Chinese economy at present and what types of shifts and evolution might be expected as the country attempts to move toward a more consumption-oriented economy. The US does not, of course, provide a precise blueprint of what the Chinese economy will evolve toward, but gives some a sense for the direction general trends could take. …

A new dedicated website, China SignPost™ 洞察中国 (http://www.chinasignpost.com/), provides complete access to concise analyses regarding China’s domestic development and growing international presence. They are published regularly by Dr. Andrew Erickson and Mr. Gabe Collins. 7 Research Notes are already available, and more will follow soon. Posting of comments on this site is highly encouraged, as the goal is to provide a forum for discussion of critical and timely China-related topics. Click here to view the new website now.