A woman wearing a face mask to help curb the spread of the coronavirus collects aluminum foil mess tins for export at a factory in Suixi in central China’s Anhui province on Feb. 22. (Chinatopix via AP)
BEIJING (AFP) — More than 200 billionaires were created in China last year as booming stock markets and a flood of new listings offset the ravages of the virus pandemic, according to a global tally released Tuesday.
The size of China’s exclusive billionaire’s club has almost doubled in the past five years as the world’s number two economy continued to outpace most others, and its ability to mostly avoid the worst of the coronavirus meant it was one of the few to expand in 2020.
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