This year marks a departure point for the Chinese economy, which will have profound impacts far beyond the region. Already the world’s premier manufacturing exporter, the groundwork is being laid for China to transform its service sector, move up the global value chain and sustain the rapid increase in wealth that the world is witnessing today.
Released in October 2014, the Julius Baer – Bank of China Wealth Report: Asia offers unique insights into how China is changing, and examines closely the aspirations of China’s High Net Worth Individuals, who themselves are the entrepreneurs and business leaders at the forefront of the economic transition. In addition to a ground breaking survey of Bank of China’s client base, this year’s report features a Lifestyle Index dedicated to China alone, which aims to track the cost of luxury living across Asia.
Click here to read the full report.