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China's millionaires leap past 1 million on growth, savings
By Juwai, 02 June 2016
China has more than a million millionaires as economic growth, savings and a strengthening currency helped swell their ranks by 262,000 last year, according to a Boston Consulting Group survey. Frederik Balfour reports for Bloomberg. June 1, 2011 -- Millionaire households jumped 31 percent in 2010 from the previous year to 1.11 million, the BCG Global Wealth Survey released yesterday showed. China’s number of millionaire households ranks it third, behind the 5.22 million in the U.S. and Japan’s 1.53 million, according to BCG.
