The number of the richest people in China, whose wealth is at least 2 billion yuan, in 2018 decreased by 11% compared with 2017 at a record decline rate for 20 years, finversia.ru reported. The number of Chinese yuan billionaires this year was 1,893 people. The fall on the Chinese stock exchanges, associated with a slowdown in economic growth and trade disputes between the US and China, reduced the list of the richest people in China by 456 people. The founder of Alibaba Group, Jack Ma, topped the rating for the second time in 4 years. In 2018, his fortune increased by $10 billion to $30 billion. This year, among the richest people in China, a record number of women has been recorded. Their share in the rating was 28.7%.
China’s Tencent buys Malaysian streaming platform Iflix in a push into South East Asia24.06.2020
Wall Street advances on recovery hopes, Nasdaq reaches new record23.06.2020
Asian stocks in rocky trade over U.S.-China trade confusion23.06.2020
Euro gains as U.S.-China trade deal back in focus