Wednesday, March 3, 2021
Tags Household wealth

Tag: Household wealth

China’s Millionaires Could Increase to 2.7 Million in Total Over Next Five Years

Chinese household wealth is expected to post roaring growth over the next five years, with an increase of around USD$10 trillion to hit $39...

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Alibaba and Baidu Win Tender for China’s Online Payments Processing Cloud Platform

Tech giants Alibaba Cloudand Baidu have won the tender for a project involving the cloud platform used to drive China's centralised...

Tech Investments of Chinese Banks Rose 20% in 2020

Chinese banks and insurers gave a major boost to their tech investments in 2020 despite the economic impacts of the COVID-19 pandemic....

Sichuan Province to Issue 11.4B Yuan in Special Bonds to Bolster Capital of 21 Regional Banks

The central Chinese province of Sichuan plans a copious bond issue to provide support to the capital standing of its local banking...

China Leads the World in Billionaires, Adds over 200 in 2020 During COVID-19

China has emerged as the country with the world largest number of billionaires, with over 200 Chinese nationals joining their ranks in...