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China's rapid economic expansion has already created the second largest wealth management market in Asia excluding Japan. However, the Chinese wealth management business is still nascent. It differs substantially from the international wealth management business due to the landscape of the Chinese financial system. While the way ahead has enormous potential, it also comes with inherent risks. This paper provides a starter kit to a better understanding of the Chinese wealth management business, illustrating five key factors necessary for success in this field.
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Wealth management in China, Haibo Wunderli-Ye
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- Année de publication
- 2007
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