THE number of Chinese billionaires swelled to 596 in 2015, which saw the country overtake the United States for the first time, according to the Hurun Report, a Shanghai-based luxury magazine publisher.
“Despite the economic slowdown, China’s richest people created more wealth in one single year than any country has ever done before,” said Rupert Hoogewerf, the chairman of Hurun, who has tipped China to become the world’s top luxury tourism market.
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