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Are China's Fuerdai Wisely Investing, Or Wasting Their Parents' Money?
Aggregated Source: China Money Network
For China's second-generation rich kids, investing is the surest and fastest way to squander their wealth, quips a Chinese commentator. Compared to a Macau excursion or a sumptuous birthday party, one could lose millions of Yuan much more efficiently when investing. Jokes aside, the Fuerdai, a Chinese phrase referring to the second generation of the […]


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