China ' s wealthy sitting on 101 trillion yuan cash pile

There were 3.16 million high-net-worth individuals - each with more than 10 million yuan (HK$10.8 million) in investable assets - in China last year, wielding a total of 101 trillion yuan of liquid assets, according to a report by China Merchants Bank (3968). Concentrating on wealthy provinces in…#chinamerchantsbank #baincompany #guangdong #shanghai #beijing #jiangsu #zhejiang #shandong #sichuan #fujian
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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