China’s richest 400 people got a lot richer this year. The ongoing US-China trade war and the country’s slowing economic growth hardly had any effect as their combined wealth grew by nearly 22 per cent to US$1.29 trillion from US$1.06 trillion last year, according to Forbes Asia. More than half of the tycoons on the list saw their fortunes rise this year, with those involved in consumer-focused industries racking up large gains. The total wealth of the richest top 10 rose from US$214.7 billion in 2018, a year which saw significant declines in net worth, to US$246 billion this year. The threshold for making the top ... (full story)