The Digital Source For China's Tech Innovation Since 2000

China Tech Buzz

Global News Impacting Chinese Tech

Rich Chinese do not know where it is more reliable to attach money – Crypto News

News Snapshot:

Reading time: ~2 m Wealthy Chinese investors have faced shrinking investment opportunities amid challenges in the real estate and equity markets. How reported Bloomberg Chinese investors are moving away from traditional patterns of investing money, but are not yet able to decide on alternative investment opportunities. Everything is falling, money is burning… Traditionally, wealthy Chinese have invested money in the stock market, which brought them good returns. Now, however, as Wei He, senior economist at Gavekal Research Ltd in Beijing, comments: "It doesn't matter how high the net worth of your assets is. The golden days of just parking your…

Other China Tech Buzz: