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    China drives Asia's wealth management

    China Daily | Updated: 2013-07-11 07:31

    Finance | Edmund Koh

    Asia Pacific remains one of the most exciting wealth management markets globally. Driving this is China's important high-net worth, or HNW, market, contributing to over 50 percent of the growth in the region, excluding Japan, by 2015.

    HNW wealth in China's first-tier cities represents about 20 percent of China's HNW wealth, while in second-tier cities it represents more than 30 percent. Although offshore investments are becoming more popular, main investment activities are still carried out onshore in China.

    China drives Asia's wealth management

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