China USA Wealth

How does USA household wealth compare to China’s? It may surprise you but they’re quite close, and the Chinese households should overtake America’s in 2017. That’s because Chinese citizens wages rise about 6 percent every year and, being big savers, they salt more of it away into savings accounts.

Household Debt USA China

Household Debt USA China

The net wealth of each adult Chinese is 174,000 RMB (US$40,000. PPP.). More..

China’s total national household wealth is 181.3 trillion RMB (US$42 trillion. PPP).  Read the whole report here...

Americans’ median wealth is $44,900 per adult – half have more, half have less – good enough for 19th place, below Japan, Canada, Australia and much of Western Europe. (CNN Money)

According to Forbes, total US household wealth us $83 trillion: almost twice as much as China’s because we have so many billionaires at the top of the food chain. Read the report here…

Take a look at how the average Chinese is creating twice as much wealth every ten years – and keeping a good share of that wealth.

 

About Godfree

Visiting China and studying it since 1967. Interested in its culture, politics, education and economy.
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