Posted inAustralia, China, Hong Kong, Oceania, World

Wealthy Chinese rise to 1.6 million in past decade

The number of high net worth individuals (HNWIs) in China has risen nearly nine times since a decade ago, a private survey released on Tuesday showed, as strong growth in the world’s second-largest economy has spurred wealth creation. Chinese with at least 10 million yuan (US$1.47 million) of investable assets hit 1.6 million in 2016, up […]

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