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8 Predictions For China's Super-Rich In 2014

Jan 24, 2014, 06:25 IST

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With the global elite gathered at Davos for the World Economic Forum, a groundbreaking new report released yesterday by the International Consortium of Investigative Journalists detailing the massive offshore holdings of many of China's "princelings," and the newly released results of the Hurun Report's annual survey of China's high-net-worth individuals, China's wealthy are in the spotlight this week.

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Adding to this coverage is research firm Wealth-X, which has just released a white paper with eight predictions for China's ultra-high-net-worth individuals in the upcoming Lunar New Year.

According to the paper, the richest of China's ultra-rich will grow their fortunes faster than their merely ultra-high-net-worth peers, and their assets will become more liquid in the coming year.

They're also going to be buying a huge number of new private jets and spending much more on luxury outside the mainland than they already are, according to its predictions. Here is the full list:

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