Wednesday, October 21, 2020
Tags Chinese household wealth

Tag: Chinese household wealth

Average Household Assets in Beijing and Shanghai Exceed USD$1 Million, Homeownership at 96%: Central Bank Report

A new survey from the Chinese central bank highlights high levels of home ownership and household assets in urban parts of China....

Property Accounts for Excessive Share of Chinese Household Wealth, Investments Lack Diversification

A new report points to a range of problems with household wealth management in China's urban centres despite roaring growth in average...

Most Read

Chinese GDP Growth Rises to 0.7% in Third Quarter

China's GDP growth for the first three quarters of 2020 has entered positive territory despite the initial economic impacts of the COVID-19...

Huang Jianhui Calls for Creation of “Aircraft Carrier Fleet” of Chinese Banks and Enterprises for Expansion into Overseas markets

A leading Chinese economist has called for the country's banks and enterprises to join together in a concerted effort to expand their...

Loan Prime Rate Remains Unchanged for Sixth Consecutive Month in October

Chi­na’s loan prime rate (LPR) for October has re­mained un­changed for the sixth consecutive month.  The...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...