Fake rich of China, it spends money this way, Where Chinas Money Is Really Going

From the gorgeous fireworks, the grand parties, the military aircraft performances, the 100, 000 peace doves flying in Tiananmen Square, and the Sing a Song to the Party flash mobs held across the country, its evident the recent centennial celebration of the Communist Party of China was astonishing in its extravagance. Its obvious that such a grand spectacle all comes from money. According to a calculation based on information released by the CCP media, the party celebration spent over 2. 22 billion USD. Since China s entry to the World Trade Organization in 2001, the economy has been developing rapidly and social wealth has been increasing, with China s GDP surpassing Japan to become the world s secondlargest economy after the United States since 2010. However, the majority of the people have rarely benefited from this rapid growth in social wealth, and most Chinese still sigh about the hardships of life, and even the middle class with higher incomes are bearing an increasingly