Sep 5, 2009
This is one of most interesting videos regarding China's growth over the past 10 to 20 years. One of the most staggering facts is that there are over 400,000 millionaires in China! The segment on golf courses in China was of particular interest to me as I run my family's golf course business. Being able to charge $250,000 in dues alone and having over 200 rounds a day is unheard of in the US. Most golf courses in the US, especially in this economic time, are struggling to get even 100 rounds a day. The amount of wealth the Chinese have created (and saved) to be able to afford such an expensive sport literally blows me away. I wish some of them would move to our neck of the woods and help support Westport Golf Club and River Oaks Golf Club.