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October 11, 2007

Look for story on No. 2 nation with billionaires

It’s quiz time.  Grumpy Editor today puts on his professor’s hat and asks:

Of the countries listed below, name the one with the most billionaires (remember, that’s with a “b”) that is second to the United States.

a. Saudi Arabia.
b. China.
c. Great Britain.

Answer:  b. 

Communist China has risen to be No. 2 on the rich list.  The number of Chinese worth $1 billion or more has jumped to 108 from only 15 last year, in a tally by Shanghai-based researcher Rupert Hoogewerf.

It illustrates the great strides being made in China’s economic growth.

The revelation yesterday was considered major news around the world.  Media played it up in India, South Africa, United Kingdom, Canada and China itself.  Even Pravda used the story, running with the Associated Press version.

Along with AP, the report was carried by Reuters, Bloomberg and Agence France-Presse (AFP), among others.

Grumpy Editor is curious to find how that story is treated in today’s print and broadcast outlets.

Check your own newspaper and broadcast outlet and report back.

Will the China No. 2 in billionaires story be placed on front pages, buried near the obits --- or spiked?

Stay tuned.

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