China did not press a magical “make billionaires from clay” button. It enacted market reforms, after the failure in leaping directly from a largely feudal economy to a collectivist one, to progress the development of its economy within the global capitalist market system. Billionaires are an unfortunate symptom of the condradictions inherent to this system. Unlike most countries, however, the chinese government recognizes these billionaires as the threat to the public that they are, and tends to be much more cautious about them as a result, resisting their influence in state affairs.