A recent report from insurer AIA says that China's growing middle class believe on average, they will require $$1.94 million for a comfortable retirement, which appears staggering when set against the current average savings rate in China. The reason for this optimism stems from a high lifestyle expectation by China's middle class which is forcing them into investments that offer greater returns.
A recent report from insurer AIA says that China's growing middle class believe on average, they will require $1.79mn for a comfortable retirement, which appears staggering when set against the current average savings rate in China. The reason for this optimism stems from a high lifestyle expectation by China's middle class which is forcing them into investments that offer greater returns.