A view of Shanghai, China’s financial and commercial capital. The country’s asset management industry surged in size by 11 per cent to about US$20 trillion in 2021. Photo: AFP
China’s US$20 trillion asset management industry to embrace more diverse products amid revamp, think tank says
- Industry’s ability to satisfy residents’ need for diverse allocations is relatively weak, China Wealth Management 50 Forum says
- The industry needs further development of new categories such as derivatives
A view of Shanghai, China’s financial and commercial capital. The country’s asset management industry surged in size by 11 per cent to about US$20 trillion in 2021. Photo: AFP
