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Detailed text transcripts for TV channel - CNN - 20180701:17:30:00

the very richest in china is $3.7 trillion. that amount of wealth for that segment is second in size only to the united states. for perspective, 3.7 trillion is more than the entire gdp of germany. that chinese wealth, just like the number of billionaires in the country, is growing fast. the reasons are clear. clie china s committeconomy is second larnlest in the world. flexing market power and consolidating wealth says an economist with the peters institute. where does that leave the rest of china? the poor. not as well off. they are getting richer but not nearly as fast. sin since 1978, their incomes have grown by 40%. that s pretty good particularly when you look at the poorest

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