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And for the Americans, these hard-working but quiet young Chinese gained little attention.

Many of the new generation, thanks to their well-resourced families and their own determination to maintain their upper-middle class lifestyle, have both the will and the way to cross the line from the very beginning.

As a result, there are more Chinese students studying arts, movies, music and fashion in the US. More and more Chinese movies released in the US enjoy sold-out opening nights. The concert given by Chinese rock band Second Hand Rose on Sunday at New York's famous Webster Hall saw some young Chinese fly over from California just for the show.

This affluent generation seems to have no limits. They also go to high-end restaurants, fancy nightclubs, parades and festivals that used to see few Chinese faces. The events they host cater to people like themselves, born into "new money" but can also pull in some rich Americans and Europeans.

One of such events was the "Shanghai 1930" gala this summer. The event, organized by Trendy New York, a lifestyle consultancy founded by a young Chinese woman, May Lin, attracted hundreds of participants through Facebook and WeChat. The majority were young Chinese living in New York. But there were also young and fashionable Westerners.

Most dressed in qipao or three pieces suits as required by the host, and created a nostalgic atmosphere to recreate the glamour of 1930s Shanghai in the boutique Flatiron Hotel in Manhattan. The tickets of $50 to $100 were sold out quickly. And part of the income was donated to the One Foundation, founded by kung fu star Jet Li for children's welfare, disaster relief and philanthropy development in China. It looked like a lot of fun - in a good cause. And that is a credit to the heavily criticized rich young Chinese .