Expected monopoly of China's second largest volume of millionaires in the world

[yota691]

Expected monopoly of China's second largest volume of millionaires in the world

 

 

 

 

Mainland China besting Japan in terms of the current year exclusivity largest number of millionaires ..File photo

10:02

2

June

2013

New York - Qena

A report of an international advisory group, on Sunday, that mainland China will overtake Japan in the current year in terms of exclusivity largest number of dollar millionaires to come immediatelyafter the United States in this regard.

And predicted "the Boston Consulting Group" in its annual report on the wealth management industry to go beyond the Asia-Pacific region North America richest area in the world within four years.

The group said that the areas of the "New World" such as the Asia-Pacific region - excluding Japan - is expected to account for 70% of the growth in global wealth in the sea the next five years. By the end of 2017, the Asia-Pacific region will witness the growth of private wealth to 48.1 trillion dollars, surpassing North America richest region in the world.

By 2017, the share of mainland China of the wealth of Asia-Pacific will rise according to the report, to 57.3%, which would increase the Asia-Pacific region's share of the total wealth of the world to 28.1%.

Edited June 2, 2013 by yota691

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