The late Chinese leader Deng Xiaoping once proclaimed that “To get rich is glorious”. So many Chinese have taken his words to heart that there‘s now a growing need for expert help in managing the cash mountain. More and more people are sitting on assets worth more than $1 million but need advice on how to venture beyond the savings account at their local bank. Johnson Chng, a partner at Bain & Company, has sliced and diced the Chinese wealth management sector and has some advice for foreign banks on how to approach China’s thriving super-rich. Click here to listen to him.
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Audio - Supporting China’s rich and needy
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Posted by: Dominic Whiting
Tags: China Century, Summit
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