fat boy Jiang Nanchun, the founder of Focus Media, became a billionaire overnight:
Shanghai-based commercial building advertiser Focus Media burst onto the Nasdaq Wednesday after it raised more than US$170 million (HK$1.32 billion) via its initial public offering.
how are the stories of this fat boy realted with the labor shortage in china? recently a migrant worker explained it to me:
young men in our village are exposed to all kinds of media stories of "getting rich overnight" and they are no longer satisfied with the meager salaries those greedy capitalists in Guangdong and Fujian offer to them. unlike the older generation of migrant workers, younger ones are equipped with mobile phones and can get the latest news from their fellow villagers or friends as where are the places to make more money.
migrant workers demonstrated with their boss's car for the delay of salary payment