Doing business in Asia, Japan, China, Hong Kong, Taiwan, South Korea, and Russia.

China's economy has expanded on average 10.1% for the past 15 years and  has now passed up the UK as the world's fourth largest economy.

China is the world's largest consumer of

1. Iron

2. Wheat

3. Cement

4. Cell phones

5. EVERYTHHING.....

Beijing alone has 1 billion square feet of office and residential space = the size of three Manhattans.

China ranks third in the world in sales of luxury goods...

An entrepreneur says, "In China today, even the poor are richer than the richest peoplee were when I was a boy.

China is geting richer and richer and .....

But is this a totally good thing?

What about greed?....in 2001, Yang Bin, China's second richest man at the time was jailed for fraud.

Shanghai Land Holdings founder, Zhou Zengyi, was jailed for fraud.

Yuan Baojing was executed for the 2003 murder of a man who he says was trying to blackmail him.

Not unlike the US, there is a growing gap between the rich and the poor....and this allows for unrest.

Is getting a rich always a good thing?

What do you think?

Thanks goes to the SF Chronicle for some of this information.