China recorded an increase of 2.3 per cent in the number of affluent citizens to 51,145, with a net worth of US$5.6 trillion. Photo: EPA-EFE
China recorded an increase of 2.3 per cent in the number of affluent citizens to 51,145, with a net worth of US$5.6 trillion. Photo: EPA-EFE

China is lone bright spot as world’s rich population shrinks amid slump in stock markets caused by Russia-Ukraine war

  • The world’s ultra-wealthy population fell by 6 per cent in the first half, according to a new report
  • Mainland China bucked the trend because of its ‘limited exposure’ to the conflict; its super-rich population edged up slightly

China recorded an increase of 2.3 per cent in the number of affluent citizens to 51,145, with a net worth of US$5.6 trillion. Photo: EPA-EFE
China recorded an increase of 2.3 per cent in the number of affluent citizens to 51,145, with a net worth of US$5.6 trillion. Photo: EPA-EFE
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