---
title: Chinese household assets surge 18%, debt also soars
description: The wealth of Chinese families has increased, underscoring the rising prosperity of the nation’s middle class, but also raising concerns over rising debt levels
image: https://blog.sinorbis.com/hubfs/Chinese%20households%20assets%20surge%2018%25%2c%20debt%20also%20soars2.jpg
---

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###### [Sinorblog](https://blog.sinorbis.com) / [From the Web](https://blog.sinorbis.com/topic/from-the-web) / Chinese household assets surge 18%, debt also..

 1 min read

# Chinese household assets surge 18%, debt also soars

October 17, 2017 | ![](https://blog.sinorbis.com/hubfs/Sinorbis%20Blog%20Page%20Images/read-img.png)   [Christine Lee](https://blog.sinorbis.com/author/christine-lee)

*As reported by South China Morning Post.*

The wealth of Chinese families has increased sharply over the past year, underscoring the rising prosperity of the nation’s middle class, but also raising concerns over rising debt levels, according to an annual survey by Allianz.

[… Read full article](http://www.scmp.com/business/money/wealth/article/2113188/chinese-household-assets-surge-18pc-debt-also-soars-survey)In its latest Global Wealth Report, the German insurer estimated that China’s households recorded 17.9 per cent growth in financial assets last year, lifting the nation’s gross financial assets to €22.649 trillion (US$26.344 trillion)

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