Over a quarter of China’s ultra-wealthy concentrated in Beijing and Shanghai: report
Chinese megacities are seeing a slight decrease in households with assets of at least 100 million yuan (US$14.8…
China’s rich cut high-end spending by 5% as economic confidence hits 14-year low
Rising macroeconomic uncertainty has sent confidence to a 14-year low among China’s high-net-worth families, prompting more cautious spending…