SHANGHAI (Reuters) - China's super-rich saw their wealth shrink this year as property lost its spot as the number one source of wealth for the first time since record-keeping began, China's annual rich list shows.
Nearly half of China's 1,000 or so richest individuals and families suffered a loss of wealth over the past year, mainly those involved in the solar, textiles and retail sectors, according to the China Rich List published annually by Hurun Report Inc.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
