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Financial services

Chinese wealth becoming more concentrated: Hurun

October 11, 2018

Mandarin Oriental Shanghai China Half of China's wealth is controlled by 200 individuals and families. Image credit: Mandarin Oriental

 

By Sarah Ramirez

While the number of ultra-wealthy Chinese consumers has declined for the first time since 2012, the population of individuals with net worths of more than $290 million is actually greater than it was five years ago.

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