Naughty Little Red Book:
The Peoples Republic of Sex Kittens and Metrosexuals
By DAVID BARBOZA
New York Times March 4, 2007 (Shanghai)
....this powerful burst of sexual energy seems both a symbol of how rapidly Chinas transformation is unfolding and, to some, a harbinger of the troubles ahead for a nation that will inevitably struggle to absorb its newfound freedoms....
Chinese Shrug Off Losses as Market Swings Back
By DAVID BARBOZA and KEITH BRADSHER
New York Times, March 1, 2007 (Shanghai, Feb. 28)
Cashing In on Communism:
In the land of Mao, getting rich is finally glorious. It's also complicated.
By MAUREEN FAN
Washington Post Magazine, February 18, 2007
Excerpt from the above with hard-to-find demographic numbers:
....Any early belief that increasingly free enterprise would lead to political liberalization was crushed in the 1989 massacre of pro-democracy demonstrators by government troops in Tiananmen Square. Many entrepreneurs joined the students, calling not just for democracy but also for an end to government corruption. Much, but not all, business came to a standstill, until 1992 when Deng took a now-famous tour of the south, a trip that generated hundreds of newspaper articles and at least 20 books. Though 88 and already ailing, and with many of his pronouncements issued by a daughter, Deng promoted a package of economic reforms. He thought fair competition would stimulate business and allow some people to get rich, which would slowly spur others to follow suit. On his southern tour, he repeated a phrase he first used in October 1985 when meeting with a U.S. business group in Beijing: "Rang Yi Bu Fen Ren Xian Fu Qi Lai" (Let Some People Get Rich First). This call for economic exemplars was erroneously translated by Western media into the much more black-and-white "To Get Rich is Glorious," which became a catchphrase in the West for another burst of entrepreneurial activity in China. Though Deng continued to praise socialism, his push for economic reform became enshrined in the constitution and in Communist Party literature.
Since then, the booming Chinese economy has been one of the biggest stories in the world. Wealth and conspicuous consumption are climbing in a country where the average per-capita income has only just jumped to $145 a month (in Beijing, it's $209 a month). On the mainland, about 175 million, or 13.5 percent, of consumers have become what many Chinese scholars consider to be middle class, earning as much as $30,000 a year, the China Association of Branding Strategy reported recently. These consumers have managed to accumulate significant savings, yet often spend an entire month's salary on a single luxury item: a wallet, a watch or jewelry.
That group is expected to grow within 10 years to nearly 260 million, or 20 percent of the population, said Lu Xueyi, a Chinese Academy of Social Sciences professor. By then, China could be the world's biggest luxury market, analysts predict.
Another 320,000 to 500,000 people report enough income -- about $60,000 a year -- to put them into an upper-middle class. And because most Chinese do not disclose their exact wealth, experts say there are likely to be many more. Many of these Chinese live in gated communities. They pay $385 covers to entertain clients at karaoke clubs such as Shanghai's L.A. Disco. They spend $3,650 to mingle on a yacht at a "diamond bachelor" matchmaking party.
A far smaller, but more visible, group are the super rich. No. 1 on the 2006 Forbes China Rich List is 37-year-old Huang Guangyu, worth $2.3 billion and the owner of a chain of discount electronics stores. Of the top 40 on the list, more than a quarter are younger than 40. Their combined net worth was $38 billion, up 46 percent from $26 billion in 2005. There seems to be no real cutoff, but the minimum asset levels used by a rival rich list, Rupert Hoogewerf's Hurun Report, are telling. In 1999, people on his list had at least 50 million RMB (about $6.4 million) but this year, the lower cutoff had soared 1,600 percent, to 800 million RMB (about $100 million).
Recently, President Hu Jintao has responded to the growing gap between rich and poor by demanding that more attention be paid to a "harmonious society." Authorities have imposed luxury taxes on boats, golf clubs and diamond watches. But this has only encouraged the wealthy to fly to Hong Kong and buy such items there, where the luxury tax is lower. When not shopping, many mainlanders visit a famous 24-karat gold toilet and $3.5 million bathroom, owned by a local jeweler and displayed in a tourist exhibition hall.
The urge to flaunt economic success competes with the desire to keep a low profile. While many Chinese are flattered by the prestige of landing on various "rich lists," they also fear the publicity and the extra scrutiny from tax collectors, who seem to follow no known assessment standards.
Even so, wealth is beginning to bring other privileges. In Jiangsu province, just north of Shanghai, authorities announced last year that "large taxpayer" entrepreneurs who pay the government more than $375,000 a year get to help decide whether an official is dismissed or promoted....
Related shorts:
World Briefing | Asia
China: Growth Creates Migrant Underclass
By DAVID LAGUE'
New York Times, March 2, 2007
Although the estimated 200 million urban migrant workers in China have fueled the countrys rapid economic growth, they continue to suffer abuse and discrimination, and the authorities should do more to ensure that they were properly paid and provided with essential services, Amnesty International said in a report. Terming the migrants a growing urban underclass, the report said they were routinely exploited, lived in dire conditions and were denied health care and other services because they were ineligible for residence permits in the cities where they worked.
World Briefing, Asia:
China: Reining in the Rich on One-Child Policy
By REUTERS
March 2, 2007
China plans to punish famous and wealthy Chinese who breach the policy of one child per couple by paying to have more children, The Beijing News reported. The rich and famous will face double punishment fines and a ban from accepting future awards if they break the law, the newspaper said. It did not elaborate. We found out that most celebrities and rich people have two children, and 10 percent of them have three, it quoted Yu Xuejun, an official at the Population and Family Planning Commission, as saying.
World Briefing, Asia:
China: 1,314,480,000 and Counting
By THE ASSOCIATED PRESS
March 2, 2007
Chinas population grew by almost seven million people last year, to 1,314,480,000, the National Bureau of Statistics said in a report.