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In a first, The world has more wealthy Chinese than wealthy Americans

Nabanita Dutta

News Editor

Among the top 10% wealthy population, for the first time ever there are more rich Chinese than Americans. According to the latest report from Credit Suisse, China accounts for 100 million of the richest 10% of people globally while America accounts for 99 million in the same category. However, the report also said that the average American is still much richer than their Chinese counterparts.