Staff Reporters
Sep 4, 2012

DATA POINTS: Millionaires still on the rise in China

China may be experiencing something of a bubble, but for the time being, the country’s ranks of millionaires continue to swell, according to the latest installment of the Hurun Wealth Report, compiled by the Hurun Report and GroupM Knowledge.

By the end of 2011, the number of Chinese millionaires—individuals with assets of more than 10 million yuan (US$1.57 million) —totalled 1.02 million, an increase of more than 6 per cent on the previous year.

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