China's private wealth assets for investing top 80 trillion yuan

05/7/2013 | (China)

With 14% annual growth over the past two years, China's private wealth market reached 80 trillion yuan last year, China Merchants Bank and the consulting firm Bain & Co. reported. Much of the money appears now to be diverting away from domestic real estate and capital markets and toward personal wealth management products and overseas markets.

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