Mo Yan, A Great Chinese Writer

Mo Yan, the first Chinese national to win a Nobel Prize in Literature, is likely to earn about 200 million yuan( US $ 32 million) this year, thus becoming the top earner among Chinese writers. He will also get a large amount of royalties from his books which have become best-sellers across China since he won the prize. Meanwhile, Mo's works have become the most sought after materials for film and TV adaptations. Mo Yan will generate considerable revenues for many companies over the next three to five years. But it is hard to predict how big the revenues will be. China has not won a Nobel Prize in Literature before, so it is unclear how the market will react.