Friday, March 08, 2013

Fact of the Day

March 2013 sees the annual meeting of the two legislative and consultative bodies of China, where major policies are decided and key government officials appointed. The National People's Congress (NPC) is held in the Great Hall of the People in China's capital, Beijing, and with 2,987 members, is the largest parliament in the world. It gathers alongside the People's Political Consultative Conference (CPPCC) The legislature and advisory body include 83 billionaires listed on the Hurun Rich List.

Wahaha's Zong Qinghou is the richest NPC deputy, with a personal fortune of US$13 billion. Tencent's Pony Ma Huateng comes in second with US$7.5 billion.  The wealthiest United States congressman, California Republican Darrell Issa, with a net worth of US$700 million, would be only the 40th richest member of the NPC. Michael Bloomberg, mayor of New York, is the only billionaire US politician.

http://www.scmp.com/news/china/article/1185828/83-chinese-billionaires-members-npc-and-cppcc-says-hurun-rich-list

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