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July 28, 2010

Beijing points way for children of the rich

Hu Huifeng:

It was a course for the true economic elite. Hundreds of children from the mainland's wealthiest families gathered to hear words of wisdom from the people who advise the country's top leaders.

The topics ranged from ancient emperors' secrets about managing the succession of power to the strategies used by the People's Liberation Army to keep its soldiers loyal.

The course, sponsored by the All-China Federation of Industry and Commerce in Beijing, caught the nation's attention and quickly turned into a hot internet discussion topic because it was tailored for what Xinhuanet called "the second generation of the rich", whose family companies have blossomed since the nation embraced capitalism in 1979.

Posted by Jim Zellmer at July 28, 2010 1:05 AM
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