China’s Mass Affluent to Have Double U.S. Counterparts’ Assets by 2020
In five years, China’s mass affluent will have double the assets of their U.S counterparts. By 2020, financial assets of those with $100,000 to $2 million in China will reach $53 trillion versus $27 trillion in the U.S., as mainlanders benefit from the country’s large population and economic growth, according…
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