Just over a third of China's 'super rich' now describe themselves as 'very confident' about the future of the Chinese economy. That's a 15-year low.
China's super rich are losing their faith in the country's financial future as fears around the impacts of slowing global trade and slowing economic liberalization cause worry.
China's super rich are losing their faith in the country's financial future as fears around the impacts of slowing global trade and slowing economic liberalization cause worry., a Shanghai-based research firm, just over one-third of the"super rich" Chinese citizens now describe themselves as"very confident" about the future of the Chinese economy.
Hurun's survey of 465 super rich Chinese citizens also showed that almost half are considering, or are already in the process of, migrating out of China.Word of China's wealthy elites losing faith in the future of China's runaway economic success story comes at a time where the country faces a major crossroads, with the ongoing trade dispute with the USA, and a general slowdown in growth.
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