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Gravitas: China loses 229 billionaires | Xi's crackdown on super-rich
According to the Hurun Global Rich List 2023, China lost 229 billionaires in 2022. This was due to CPC's crackdown on the tech, entertainment and education industries and Yuan's depreciating value against a surging dollar. Why is Xi cracking down on China's billionaires? Molly Gambhir reports.
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