SHANGHAI: Chinese property magnate Wang Jianlin has defended his crown as the country's richest man, according to the annual Hurun rich list, fending off Alibaba Group Holding Ltd founder Jack Ma and new players on the block like Baoneng's Yao Zhenhua.
Wang, the chairman of Dalian Wanda Group, took the top spot with a personal fortune of $32.1 billion, the report said, despite Ma, the founder of e-commerce giant Alibaba, seeing his wealth surge 41 percent from 2015.
It certainly is an admirable achievement. China for all its shortcoming on human rights and other matters, is still a colossal Industrial empire that has come up in last 20-30 years !!
OH CHINA IS NOTHING COMPARED TO INDIA !! INDIA IS A SUPER POWER
China has already outgrown US as it has vast foreign exchange reserves!
More Indian''s may become rich list if they declare their black money.
Excellent now Chinese are riches person in the world.
Lucknow - 16 hours ago
China is self contradicting, declaring themselves communist. They have billionaires and they also have people starving. They just make world fool of there utter lies,
Pune - 16 hours ago
Yet it remains a developing or emerging power!
13 hours ago
China is shaping as world power..