China's Media Mogul - China

August 2008

Wang Zhongjun is one of China's 415,000 millionaires and is head of Huayi Brothers -- a Chinese media empire. What does this former Communist Party member turned tycoon have to say about China's communist-capitalist paradox?
In a world where these two political models were once polar opposites, Wang seems to have found a compromise. "I'm not sure if I'm a capitalist or a communist, I don't think people think much about 'ists' today. All we need to do is work hard to improve our lives and the lives of those around us," he muses in his glamourous Beijing home. Wang firmly believes the rich should be the first to be obligated to helping others. In China, an economic "superpower on steroids", state capital is rapidly being transformed into private wealth. Could entrepreneurs like Wang pave the way for a new socially responsible capitalist mindset in the country?

Produced by SBS/Dateline
Distributed by Journeyman Pictures

Category:

News & Politics

Tags:

• China
• Billionaire
• communism
• capitalism
• media
• film
• company
• journeyman
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[UbbenHuge]

that's a ridiculous statement

[MokomaSusi]

China is capitalist. Even Russia is more capitalist than USA.

[Aaaaarrrrrrggghhh]

The paintings are worth 1 mill in average! Holy shit!

[denisdebacker]

cool, so we just have to wait and we'll all get richer!

Try saying that in Africa :p

[zhanghaobin402]

cause this man havnt ever thought about 'ist', just money, money, money....no concept, no principle...

[georgehennessy]

You can say a lot about China, both good and bad. But one thing that you cannot say about China is: Moldova.

With 1.3 billion people, the phrase "service before self" has a more profound meaning.

[iamkichul]

that guy is so rich it's disgusting.. neomarxist my ass! he prolly has tons of billions hidden on his swiss account. Anyway.. china ftw! etc etc!

[iamkichul]

lol

[mhltan74]

Inspirational, I'm proud to be overseas Chinese!

[ziqueez]

read the damn comment im replying to

[lordangelic]

hello? China didnt brag it's the foreign media which highlights the figures

[heatherannblair]

Well, its obvious I cant spell the name of the city correctly. But it is about a 3 hour train ride north from Beijing. I think the name was at one time 10 hut or house city. I THINK. Big enough city, has to be on the map, they even had a freaky zoo.