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China Produces More Billionaires as Economy Slows

China's rich are defying the country's economic slowdown, growing their personal wealth at an astonishing pace and moving money abroad. Capital flight has continued, despite checks and the government’s efforts to bring back funds transferred out of China. An additional 65 business people have entered the Forbes’ China Rich List this year, highlighting the rise in the number of billionaires in the face of the country’s economic slide. Forbes recently said the wealth of the 400...

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