29.9.09

Huaxi Village

Welcome to the richest village in China. Average family assets total $150,000 in a nation where annual per capita income hovers around $2,000. The village's major enterprises in steel, iron and textiles brought in 50 billion yuan ($7.3 billion) in sales in 2008. They belong to the Huaxi Group, the first commune corporation to be listed on a Chinese stock market.

The village is feted by the Communist Party as a model for transforming its poor peasants into wealthy corporate citizens within one generation.

"What is socialism? What is capitalism? We only wanted the things that are good for our people. We wanted people to get rich," Wu said during an interview in the two-story house he's lived in since the 1970s, a modest home compared to the larger, lavish ones his villagers prefer.

Also, Nanjie Village