China’s asset management sector to double to US$40 trillion by 2030 as household wealth, pension needs grow, McKinsey says

Source: China – South China Morning PostThe industry will more than double in size to 280 trillion yuan (US$40.4 trillion) by 2030, as the expansion of individual wealth and pension needs requires financial companies to upgrade their products and services, according to a report by McKinsey & Company.Read More