Fuerdai
Fuerdai (Chinese: 富二代; pinyin: Fù'èrdài; lit. 'rich second generation'; [fû.âɚtâɪ]) is a Chinese term for the children of the nouveau riche in China. This term, generally considered pejorative, is often invoked in the Chinese media and everyday discussions in mainland China as it incorporates some of the social and moral problems associated with modern Chinese society.
The Chinese economic reform in the late 1970s has enabled some to accumulate great amounts of wealth. While the Fuyidai, the parents of the Fuerdai, may have reached their new socioeconomic position either through their success in business or through political connections, their children often enjoy a comfortable lifestyle with an obstacle-free life path.
Many wealthy Chinese send their children abroad for their education. In the United States, Europe, and parts of Canada, well-off Chinese international students ostentatiously consume products that are too expensive for almost all North American and European students. Universities view such students favorably, since they pay higher tuition fees.