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

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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.

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