China lost 161 billionaires…but is now back on track of adding 2 billionaires per week

2019-04-20
China

Chinese billionaires

China's stock market turmoil in 2018 was a major setback for rich Chinese. The number of billionaires in Greater China, which includes Taiwan and Hong Kong, plunged by 161 in the past year. The good news...the stock market in China is going up again, and fast.  China is back to adding 2 billionaires per week, and many more millionaires ....

Money that will be used for buying real estate ...and by preference buying real estate in the USA.

Read all the details here on CNN.

 

In the Media

Forbes
Bloomberg
South China Morning Post
CNBC
iMoney
Shanghai Times
Squarefoot
Shanghai Office
Capital Weekly
The New York Times
TheStreet.com
Financial Times