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Topic: Credit Suisse points out Chinese billionaires will double by 2026, economic slow (Read 1792 times) previous topic - next topic

Credit Suisse points out Chinese billionaires will double by 2026, economic slow


A report by the global investment andเล่นสล็อตfinancial services bank Credit Suisse predicts that the number of Chinese billionaires will double by 2026, despite Beijing's national push to alleviate political inequality. wealth and severe economic slowdown


Reuters A report from the Hong Kong Special Administrative Region, China, Sept. 21 said the Beijing government's "common prosperity" policy has greatly enhanced its formal rhetoric in recent years. as well as suppressing excess in various industries, including technology and private education It also shakes investors.


In 2021, China had about 6.2 million millionaires, an increase of more than 1 million from 2020, while the number of global millionaires increased by about 5.2 million, the report said. The number of millionaires in China is expected to double to around 12.2 million over the next five years.

The positive trend in China's wealth growth has emerged. Although the country's economy narrowly avoided contraction in the second quarter due to COVID-19 lockdown measures. and the real estate sector in decline which affects consumer and business confidence.

Global household wealth grew 12.7 percent last year, the fastest annual increase ever recorded. This does not include the exchange rate factor. However, such forecasts are obscured. with higher geopolitical and financial uncertainty

“It may be too early to fully assess the impact of inflation, the Ukraine crisis and the supply chain crisis. But we may see some reversals in global wealth growth this year,” said Credit Suisse board chair Axel Lehmann.


Re: Credit Suisse points out Chinese billionaires will double by 2026, economic slow

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Re: Credit Suisse points out Chinese billionaires will double by 2026, economic slow

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