The GroupM Knowledge – Hurun Wealth Report 2011confirms the continued growth of private wealth in China. According to the report China is now home to 960, 000 millionaires, up from 825, 000 two years ago and representing a growth of 9.7% year-on year. These millionaires each have personal wealth of 10 million Yuan or more (US$1.5 million). The report links…
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