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McKinsey: More rich in China by 2015

The global economic recession is forcing the rich in China to scale down their spending on luxury goods, but it cannot hold back the rapid growth of wealthy households, according to a report released yesterday by global management consultancy McKinsey &... ...full story at People's Daily

from People's Daily on Fri, Apr 03 2009

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02 Apr 09 visit Don't hate the rich, be one of them  »  People's Daily &$&$By Li Hongmei People's Daily Online&$&$ Despite the turmoil in financial markets and global economic downtrend, the Chinese rich will go on accumulating wealth faster than ever anticipated. According to the private wealth report released some...

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