Nation's wealthy ranks fourth globally
By Lyu Chang | China Daily | Updated: 2014-06-21 07:17
The nation stands fourth in the global ranking of US dollar millionaires following the United States, Japan and Germany, which together account for 60 percent of global millionaires, said France-based Capgemini and the Royal Bank of Canada.
The annual wealth report is the latest of many surveys, highlighting the growth of the wealthy in the Asia-Pacific region, despite concerns over slowing growth in the world's second-largest economy.
The number of people with at least $1 million in liquid assets in China reached about 750,000, compared to 4 million in the US, Japan's 2.3 million and Germany's 1.1 million, according to the survey.
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