Just a decade back, China was a mystery, shrouded behind the impenetrable wall of communism. No country has witnessed such a sweeping transformation on so many levels. China consists of 160 cities with a population of more than one million per city – and more are planned. Two decades ago private enterprise did not exist; now five million firms flourish. In 1986 China had perhaps a single millionaire compared with current estimates that 10,000 people are ‘worth’ more than $10 million each.
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