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Asia Times

Covering geo-political news and current affairs across Asia

Tag: Net worth

Posted inChina

Top 20% in China are climbing toward US wealth average

by Asia Times staff January 21, 2019February 18, 2020

Chinese households in the top 20% in terms of total assets enjoy a level of affluence that is similar to the US average, according to a report co-published by Guangfa Bank and Southwestern University of Finance and Economics, National Business Daily reported. In recent years, the average value of household assets has grown rapidly, increasing […]

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