China’s new wealthy take tips from the West

Apr 15, 2012

Wealthy Asians in China and elsewhere are recognising the need to properly manage and pass on their money, and are receiving advice from Western families, notes Scorpio Partnership.

China’s new wealthy take tips from the West

It has been almost 30 years since Deng Xiaoping began the process of liberalisation that has stimulated tremendous economic growth in China and an explosion of new wealth creation. There are now an estimated 635,000 individuals in China with assets of over Rmb100 million ($15.9 million) according to a late-March report from the Hurun Research Institute.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to AsianInvestor

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

If you are a senior professional at a large institutional asset owner, such as a sovereign wealth fund or pension fund, please contact [email protected] for further assistance.

Questions?

See here for more information on licences and prices, or contact [email protected]