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This post was edited by 468259058 at 2012-3-25 16:42|
Kbay Post time: 2012-3-25 16:19
5% of Americans owns 95% the USA stoopid!
BEIJING, Oct. 30 (Xinhua) -- China has the world's fifth largest number of households with more than one million U.S. dollars in liquid assets, trailing only the United States, Japan, Britain and Germany, said a report released by the Boston Consulting Group (BCG) on Tuesday.
These households, which only account for 0.1 percent of the total number of households in China, possess 41.4 percent of the country's total wealth, said the report.
"It is good news that China's wealth, though highly-concentrated, is being distributed among a wider band," said Tjun Tang, partner of BCG, at a press conference in Beijing. He added that households with more than 100 million dollars are very rare in China but in India are more common and own a larger percentage of the country's wealth.
The report from BCG, one of the world's leading international strategy and general management consulting firms, after surveying 62 countries that make up 96 percent of the world's total GDP, showed that 9.6 million high-net-worth households worldwide, or 0.7 percent of the world's total households, have 33.2 trillion U.S. dollars in liquid assets which constitutes about one third of the world's total financial assets.
Please disclose your source.
Don't forget our government label mainland China as "a sociliast country", more more fair than capitalist countries.