Beijing Millionaires and Rich Chinese

I recently red some articles on the new rich society of China. The numbers are amazing. According to China Daily there are 143,000 multimillionaires and 8,800 billionaires in Beijing. Here is the link to the full article.

But on the other hand Beijing seems to be getting more expensive. The ratio of home price to income in Beijing is now 27 to 1, five times the international average according to an article published in China Daily.

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