October 08, 2010

Chinese Household Wealth May Double in 5 Years

A new report by Credit Suisse says Chinese personal wealth my increase to $35 trillion by 2015 second only to the USA. The huge number of Chinese with increasing discretionary incomes will reshape the global economy according to the private bank. Sectors expected to see significant growth in China include transportation & communications, recreation & education, housing & utilities, and healthcare....

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