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Retail

Chinese ultra-affluent showing increased economic confidence

January 29, 2018

As China's share of the world's billionaires grows, so too does its luxury market. Image credit: Peninsula Hotels

 

By Danny Parisi

As China’s share of global high-net-worth individuals grows, the country’s wealthy elites increasingly believe that in the next 10 years it will overshadow the United States as the country with the most ultra-affluent consumers.

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