China holds 17.7% of the world's total wealth, the second largest share held by any country. It has the world's largest banking sector, with assets of US$40 trillion and the world's top 4 largest banks all being in China. In 2019, China overtook the United States as the home to the highest number of rich people in the world, according to the global wealth report by Credit Suisse.
Russia Praises China For Its Comprehensive Multilateral Policy Approach And Global Achievements – OpEd eurasiareview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurasiareview.com Daily Mail and Mail on Sunday newspapers.
When China launched its Belt
and Road Initiative 10 years ago, it touted huge infrastructure
spending linking it with Western Europe, which as recently as
2019, Britain s then-finance minister said.