China's affluent are as pessimistic about the economy as they were during the Covid-19 pandemic
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最新报道：China's affluent class remains pessimistic about the economic outlook despite signs of recovery, according to a recent survey by Hurun Research Institute. Over 60% of high-net-worth individuals expressed concerns about slowing growth and regulatory uncertainties, with many delaying major investments. Real estate and domestic stocks saw the biggest drop in confidence, while interest in overseas assets and digital currencies rose. The survey highlights lingering anxiety among China's wealthy, who are adopting a wait-and-see approach amid ongoing economic restructuring and global volatility. Private bankers note clients are increasingly diversifying into alternative assets as traditional sectors face challenges.
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