Xi Jinping Oligarchs: The Rise and Fall of China's Billionaires | TYCOONS | FD Finance
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Published 2024-06-21
A story, told through the lives of China’s billionaires, of a country transformed into a global powerhouse. Capitalism was once a dangerous word but now China creates a new billionaire almost every day.
Money makes the world go round. But today, it seems that it is falling into the hands of the few. But how did we get here? We unpack the complex journeys of the “Billionaire Tycoons,” industrialists and entrepreneurs who now yield just as much power as any elected leader. Each episode focuses on a different economic superpower, USA, China, and Russia, as we retell their journey from economic backwater to economic juggernaut, all through the surprising stories of its richest and most powerful Tycoons.
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All Comments (21)
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In USA, money controls power. In China, power controls money.
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China and Russia : Oligarch USA : Entrepreneur.
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What happens when you anger the most powerful oligarchy in the world? Ask Julian Assange. When the ICC wanted to charge US soldiers with war crimes, the ICC was sanctioned by M. Pompeo US secy of state (previously the director of the CIA). How does US decide which Chinese companies are either a threat to national security or violating human rights? Any successful Chinese company.
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China has 17% of world population but bought 36% of total Mercedes-Benz sold(737K out of 2.0 million) and 35% of BMW(824K out of 2.4 million) last year. You are worrying about Chinese rich people😢
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In USA MONEY is power, in China Power is POWER.
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Big differences: US - controlled fully by Oligarchs and special interest groups because it needs election money every 2 years which reaching new record amounts every year these days; Russia - after 1991 under Yeltsin, was controlled by Oligarchs. Putin came into power and partially control those that could while purge those that he couldn't; China - the CPC party always controlled any tycoons so they don't become Oligarchs and will punish those that challenge their national policy by attempting to influence the state using money and social media (ex. Ma Yun's Ant Group financial fiasco);
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China is not the world's second largest economy, it is the first - by GDP by Purchasing Power Parity, which is a more legit or better criterion.
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It's very funny how USA calls theirs billionaires but the countries they do not like Oligarchs.And they also say that in a negative manner. Like American billionaires are the rightful people or something. You are all Oligarchs. America is not an exception
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Plo twist: Trump is now on tiktok 😂
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The Chinese are giving the west sleepless nights👊
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All these guys really want is someone to listen to them sing karaoke 😂
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Don't mention Jack Ma...YouTube might censor it! 😂😂😂
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Well done China.❤😊
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The gaming regulation for adolescence is one thing i agree with china.
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This document didn't mention how deadly ant group was. They were the middle man of loaning out money. That's one of the main reason why it wasn't allowed to be listed
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27:20 completely glossed over the fact that she was held under house arrest in Canada, who was obliged to arrest her under extradition treaty; thus causing major headaches for Canada diplomatically. the incident led to the tit for tat arrests of 'the two Michaels'; who were by some amazing coincidence released the very same day she was
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Not everything the Chinese government has done is bad: enforcing their antitrust laws, breaking up unnecessary mergers and monopolies is a great thing for the consumer and something the US seems to have stopped doing some time ago
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Very insightful documentary
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When a person reaches a level of wealth that is beyond imagination, Inevitably Evil rears it's head. It is good the Oligarchs have someone to keep these crazy super rich in check.
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I loved the flow of this documentary. Very well done.
