Charles Schwab: Chinese investors prefer to park savings in cash or cash-related products

26 January 2015 | 3 minutes read

Investors within China’s emerging affluent class hold 89% of their investments in cash or cash-related products with fewer than one-fifth of these investors holding assets in foreign markets, pointing to a lack of diversification and heavy home-bias, according to a recent report. Nearly all investors surveyed as part of Charles Schwab’s study on Chinese  Emerging Affluent Urbanites and Investing had…

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