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The Globe and Mail Chris Flood Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer ALY SONG/Reuters Assets under management in China’s mutual fund industry surged 48 per cent to a record US$3.1-trillion in 2020, but huge demand for new funds is stoking fears that volatile investor inflows could spur a stock market bubble. China is expected to develop into the world’s second-largest asset management market after the U.S. this decade, providing a huge growth opportunity for investment managers. ....