Swiss Economicblogs.org
How wealthy has China become? At last count, the country accounted for a full 8 percent of all global ultra-high net worth investors—those worth more than $50 million. What will those UHNWIs do with that newfound wealth? That’s an important question, because household wealth is a key driver of consumers’ consumption and investment decisions as well as entrepreneurial activity, and that holds true whether one is Chinese, American, or otherwise. China and the United States led the...
Read More »Global Wealth and the Long-Term Investor
