Want to get rich in China? Think retail, not real estate

10/12/2010 | Wall Street Journal, The

China has between 400 and 500 U.S.-dollar billionaires, according to Shanghai's Hurun Report. With Beijing seeking to cool the country's housing market, there's more money in retail than in real estate this year, with the owners and executives of beverage companies, clothing lines and appliance retailers all making big bucks.

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Wall Street Journal, The

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