CHINA’S robust growth over the past three decades must have, understandably, hugely enriched its people, especially some of them.
However, the finding that China now has the world's fifth largest number of households with more than US$1mil (RM3.3mil) in liquid assets still gives Chinese policymakers a lot of food for thought. This is because the rapid rise in the number of rich families reflects not only the country's growing economic might but also its widening wealth gap.
