Name: The Real Crazy Rich Asians of China
Uploaded: 2020-04-01T09:31:51.000Z
Duration: 10 min 41 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

You know, nothing says ideal communist utopia

It became clear after the death of Chairman Mao

that killing all the rich people and taking their stuff

was not a great long-term strategy for economic growth.

Because you eventually run out of rich people.

China has seen decades of stunning economic growth.

So who are the people who got rich first?

They didn't have to pretend to live frugally anymore.

or to kick peasant farmers off of the land

You know, the traditional way to make money.

But soon there were others getting rich, too.

Millions of everyday people started small businesses,

and a few of them pulled themselves up by the bootstraps.

I'm talking about people like Alibaba founder Jack Ma.

His first job out of college in 1988 was teaching English...

Then, he started several small businesses,

Eventually, he started the e-commerce company Alibaba,

According to the latest annual Hurun report,

The US, by contrast, has only 571 billionaires.

And most of them aren't in government positions.

But Trump's counterpart in China is also super wealthy.

Xi Jinping may not live an extravagant lifestyle himself,

And while Alibaba founder Jack Ma may live humbly...

Well, other than doing stuff like producing and starring in

his own short film where he's somehow a kung fu master.

I guess that's just what crazy rich people do.

I mean, star in your own martial arts movie?

like Chinese entrepreneur Chen Guangbiao.

to highlight how bad America's homeless problem is,

Starting with his promise to give out $300 in cash

He also faked the ice bucket challenge by pretending

Chinese people would call Chen Guangbiao a total tu hao,

But there's not a lot of old money in mainland China,

killing rich people and taking their stuff policy under Mao.

Which is why rich Chinese are taking etiquette classes.

“Many people ask why pay 100,000 RMB ($16,000)

There's an advanced electrical toilet on the yacht.

but now they're learning how to act wealthy.

There's even a term in Chinese for rich people's kids:

Subtitles ListPlay Video

The Real Crazy Rich Asians of China

term

average

surveillance

etiquette