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http://money.cnn.com

A staggering 242 new Chinese billionaires were minted over the past year, propelling the country ahead of America for the first time, according to Hurun Report's annual China rich list. China now has 596 billionaires, compared to 537 in the U.S.

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CNN Money

The U.S. government runs a program that grants permanent residency to foreigners who sink at least $500,000 into a job-creating investment. The controversial immigrant investor program, known as EB-5, has been hugely popular with rich Chinese, but la

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