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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Where the Chinese Millionaires and Super Rich Live

According to Hurun Research Institute, there are a total of 2.7 million dollar millionaires in China and those in Beijing, Guangdong and Shanghai combined represent almost half of total dollar millionaires (47.6%) […]

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Consumer Behavior Economics Trend Watching

Consumer Behavior in Brazil: 50,000 millionaires, with nearly 240 billion US dollars invested

Brazilians with high income – those with at least $ 1 million in applications and specifically served by private banking channel – added 50,602 customers in 2011 and closed last year with $ 434.4 billion (nearly 240 billion US dollars) invested in banks, according to a survey of the Association Brazil Entities of the Financial and Capital Markets (Anbima), released on recently […]

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Consumer Behavior Economics Trend Watching

Consumer Behavior in Brazil: Growth of the Brazilian economy creates 19 millionaires a day, says ‘Forbes’

A report published online by the prestigious journal of the American economy “Forbes” says the Brazilian economy is creating 19 millionaires per day since 2007, thanks to the growth of Gross Domestic Product (GDP) and consumption rates, it said […]

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Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Shanghai’s number of millionaires grows

One in every 175 people living in Shanghai has personal wealth of more than 10 million yuan (US$1.5 million), the Hurun Research Institute said recently […]

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China Consumer Behavior Economics

China, Socialism & Consumer Behavior: 6 in 10,000 people are multimillionaires?

6 in every 10,000 people in China have a personal wealth of more than 10 million yuan ( nearly 1.5 million US dollars), shows the recently issued “Hurun Wealth Report 2009”. After the report came out, it immediately raised a lot of doubts among netizens: “Have Chinese people really become so rich?” […]

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China Consumer Behavior Trend Watching

China, Socialism & Consumer Behavior: India, China, and Brazil sees highest jump in millionaires

India, China, and Brazil saw bigger growth in the millionaire population last year than anywhere else, and wealth in the Asia-Pacific is expected to grow nearly 8 percent a year to 2012 despite a slowdown in the world at large, a survey showed. The number of millionaires in the Asia-Pacific grew 8.7 percent from a year ago to 2.8 million people and their combined wealth soared 12.5 percent to $9.5 trillion US dollars, excluding the value of their homes and consumables, Merrill Lynch and Capgemini said at a news conference in Singapore recently…

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Economics Trend Watching

Economy in Brazil: nearly 7000 new super rich in 2013

In Brazil, the number of super-rich has increased in 7000, up 4.1% to 172,000. The country, however, has dropped two places to 13th in number of rich people […]

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Consumer Behavior Trend Watching

Consumer Behavior in Brazil: Crisis boosts advancement of aviation

Brazil is experiencing one of its best moments in the aviation industry, and today the country with the second largest fleet of jets, behind only the United States and the third most produced aircraft of this type. Ahead of Embraer (a Brazilian local manufacturer), are only the American Cessna and Canadian Bombardier. The good performance is due in large part to the international crisis started in 2008, which created a favorable environment for the purchase of these aircraft in other countries, and the growth of emerging […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Asia’s rich to splurge more on art as investments

Despite giddy Chinese art prices showing some strain from global economic uncertainty, art collectors think values will continue to rise due to limited supply and continued strong demand as Asian collectors become more affluent […]

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China Consumer Behavior Economics Trend Watching

China, Socialism & Consumer Behavior: Super-rich in growing passion for investment

Demand for art, watches, rare wines, vintage cars and other offbeat investments expanded in 2010 as the world’s super-rich rebounded from the financial crisis, according the latest World Wealth Report […]