Second rich generation in china Essay Example | Topics and Well Written Essays - 500 words

Second rich generation in china - Essay ExampleThis means that they atomic number 18 mainly dependent on their families, which argon filthy rich. Through this character, a serious economic challenge comes up, and the economic future of the country stands to be threatened if these people are consumers and are not working to expand their parents businesses. Although, some people saying SRG are only a very small group of people, they cannot make any(prenominal) huge influence. Considering the behavior they have now and the wealth they will control in the future, I am still thinking they will make a huge negative impact to Chinese society and economy in the near future.The building of an economy required the input of all the citizens in a country. Since 1980s there were a group of hardworking people, they used their intelligence and knowledge to help China finished industrialization. Their hardworking not only make them become the first group of billionaires in China but also helped t he country grown to be one of the giant economies in the world. However, most of their children are not diligent as their parents, they have decided to sit back and eat what their parents made. Compare to business, they are seem to be more interested in the sports cars and private jets. This is a very dangerous scenario given that there is no income that is generated from this generation. I interviewed a SRG recently, although he indicated that he wants to have his own career and cover for his own life in the future. He still admitted that it is not easy to do and most of the SRG now are not thinking like him. accord to Liu (2012) Songyang Fus father was the owner of a still factory near Beijing. A car accident took away his fathers life in 2006 and Fu was only nineteen. Fu inherited his fathers legacy and became the thirtieth richest person in China on the Forbess rank. However Fu was not interested in his fathers steel business at all. He decided to use his fathers money to real ize his own