Investor Overview
CHINA - ENORMOUS MARKET SIZE
1.3+ Billion Consumers
China is the world's most populous country with over 1.3 billion people, representing 20% of the world population[i].
414,900 Millionaires
According to the 2008 Merrill Lynch and Capgemini World Wealth Report China now has more millionaires than France with a total of 414,900 people at the end of last year worth more than one million dollars excluding principal residence. France had only 394,000 of this group. Last year, China's millionaires grew by an incredible 20.3%[ii].
[i] About.com (2008). The Population Growth of the World's Largest Country. [Electronic Version]. About.com. Retrieved from: http://geography.about.com/od/populationgeography/a/chinapopulation.htm
[ii] F.Balfour (2008). China has more millionaire than France. [Electronic Version]. BusinessWeek. Retrieved from: http://www.businessweek.com/globalbiz/blog/eyeonasia/archives/2008/07/china_now_has_m.html