Trending News

CNN’s ‘On China’ To Feature The Ultra-Wealthy, Their Luxury Cars And Private Jets

Jul 21, 2015 10:56 AM EDT | By Jon Lindley Agustin

CNN's "On China" has always given voice to Chinese individuals who share their insights on various issues surrounding the Asian economic giant. This month, the award-winning show will feature China's "ultra-wealthy," the richest men who own luxury cars, private jets and brand new yachts.

A feature by Time Warner company Turner said the rising wealth of China is different from other as it creates a new billionaire almost every week.

These rising and emerging businessmen are reportedly not just real estate tycoons, but "young and ambitious entrepreneurs" outpacing each other to the top.

"In Beijing's halls of power, the riches now have a bigger say than ever before," the report said.

CNN's "On China" is set to put the spotlight on that part of Chinese society becoming known as the "Bling Dynasty," people who own massive numbers of luxury cars, private jets and brand new yachts, according to Turner.

Show host Kristie Lu Stout, who also has Chinese ancestry will explore the world and get inside the minds of China's "ultra-wealthy." CNN's "On China" will have Bain & Company Partner Alfred Shang, China Market Research Group Managing Director Shaun Rein and New York Times correspondent Michael Forsythe on the tea room with Lu Stout.

They are reportedly expected to discuss what this wealth means for China "in the midst of an economic slowdown," and if this trend can go on under the anti-corruption campaign spearheaded by president Xi Jinping.

"There are more than 1,200 richest people in China," said Forsythe of the New York Times in the preview video. "Two hundred sixty six of them in the last National People's Congress went to Beijing. They do have a voice common Chinese people do not have."

CNN's "On China" will air this Thursday, July 23 at 16:30 HKT; Friday, July 24 at 11:30 HKT; and on Saturday, July 25 at 12:30 HKT in Hong Kong, Beijing, Kuala Lumpur, Manila, Singapore and Taipei.

The show has Lu Stout sitting in a roundtable discussion about Chinese politics, society, economics and culture. It previously featured the leaders of the Hong Kong protest last year, as well as influencers who shared insights on China's economic race with India. 

© 2024 Franchise Herald. All rights reserved.

Trending News

Real Time Analytics