Research
November 1, 2019
Picture of the Chinese wealthy (2019E). Source: Wealth-X
By Mickey Alam Khan
There are substantially more wealthy individuals in China than previously thought – 46 percent more at the ultra-wealthy level.
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","iv":"0ad004d3ccaa1da4d15c9aa9d806c663","s":"4a07354712b00061"}
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