China’s private security firms flex their muscles

China’s rich are not only increasingly protecting their financial assets, but also their bodies. The growing number of high net worth individuals in the country has opened the market for more private security firms and bodyguards. Private security firms were only made legal under Chinese law in 2010. With more than 4 million millionaires in China today – the second-highest concentration in the world behind the United States – cash rich entrepreneurs, movie stars and other members of the elite have started to hire private bodyguards. CCTV NEWS visits two training sites in Beijing where the body turns into a weapon, and into big business.

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