A plunge in the Chinese economy has given birth to lesser millionaires, a symbol of the growing wealth of the country, a new survey revealed. The number of millionaires -- defined as those with personal wealth of at least 10 million yuan ( (Dollar) 1.6 million) -- rose just three percent year-on-year to 1.05 million, said the independent Hurun Research Institute and consultancy GroupM Knowledge. The number of "super-rich" Chinese -- with personal wealth of at least ...Friday, 16 August 2013
Chinese Economy Slows Down
A plunge in the Chinese economy has given birth to lesser millionaires, a symbol of the growing wealth of the country, a new survey revealed. The number of millionaires -- defined as those with personal wealth of at least 10 million yuan ( (Dollar) 1.6 million) -- rose just three percent year-on-year to 1.05 million, said the independent Hurun Research Institute and consultancy GroupM Knowledge. The number of "super-rich" Chinese -- with personal wealth of at least ...
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