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 articleIn 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)
