There is a shift in the economic wind from Real Estate into Technology in China, and that is a good thing.   This reflects the overall world economic trends and balance, eliminating the suggestion that China was experiencing an economic bubble.   Currently in China, 5 of the top 10 wealthiest individuals/groups are in Technology and only two in real estate. This is a major shift form the past several years, especially when reviewing the IPO releases from 2013 accounting for $91 million and 2014 accounting for $29.2 billion (Alibaba contributed $25 billion of that total). Thus, a 32,000% increase.

Hey Jack, can you spare a dime?

Article Link: http://www.marketwatch.com/story/alibabas-jack-ma-is-chinas-richest-person-2014-09-23?link=MW_Nav_FP

Gary Kapanowski – Lean Six Sigma Master Black Belt – Excelsior

The following blog is the opinion of Gary Kapanowski and Garykapanowski.com. It is the sole intent to broadcast this opinion from Gary Kapanowski and Garykapanowski.com exclusively and not to reflect on any other institutions or organizations associated with Gary Kapanowski or Garykapanowski.com.

 

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