Go to the Globe and Mail homepage

Jump to main navigationJump to main content

AdChoices

China’s billionaires have captured its government Add to ...

Subscribers Only

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day. Visit the ROB Insight homepage for analysis available only to subscribers.

The truth is finally out: China is a plutocracy. With 83 billionaires among them, the top legislative body of the People’s Republic is the world’s richest parliament. The analysis of the wealthy members of China’s National People’s Congress emerges from the Hurun Global Rich List, an annual report which ranks the 1,453 dollar billionaires worldwide and reveals that China’s super-rich like to give something back – by serving time as a lawmaker.

Report Typo/Error

Follow us on Twitter: @GlobeBusiness

Next story

loading

Trending

loading

Most popular videos »

More from The Globe and Mail

Most popular