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Strategies & Market Trends : China Warehouse- More Than Crockery
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To: RealMuLan who wrote (5767)4/7/2006 3:13:02 PM
From: hui zhou  Read Replies (1) of 6370
 
Just read from WSJ, in 2004, top 1% of weathiest American family held 33.4% of nation's net wealth, rose slighly tfrome 32.7% from 2001 but below peak of 34.6% in 1995.

Are you sure that the wealthiest 0.0183% of Chinese had assets equals to 69.2% of the total national GDP is correct?

If that is this true, China is more like Brazil as a rudiment capitalist state(without good tax code and system) and ought to abolish socialist and communist surname.
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