{"id":10548,"date":"2011-10-14T12:00:00","date_gmt":"2011-10-14T12:00:00","guid":{"rendered":"https:\/\/www.hinduismtoday.com\/hpi\/2011\/10\/14\/india-china-have-more-money-in-affluent-families-hands\/"},"modified":"2011-10-14T12:00:00","modified_gmt":"2011-10-14T12:00:00","slug":"india-china-have-more-money-in-affluent-families-hands","status":"publish","type":"post","link":"https:\/\/www.hinduismtoday.com\/hpi\/2011\/10\/14\/india-china-have-more-money-in-affluent-families-hands\/","title":{"rendered":"India, China Have More Money In Affluent Families&#8217; Hands"},"content":{"rendered":"<p><a href=\"http:\/\/www.globalpost.com\/dispatches\/globalpost-blogs\/the-rice-bowl\/india-china-have-more-affluent-families-european-countries\">Source<\/a><\/p>\n<p>October 7, 2011 (by Jason Overdorf): India and China have more investor families than individual European countries, according to market research firm TNS. According to the firm&#8217;s &#8216;Global Affluent Investor&#8217; study, India, China and Brazil have overtaken many European countries in this measure of consumer wealth. Each of these countries has more than three million affluent households with over $100,000 of investiment money.<\/p>\n<p>&#8220;India and China have already surpassed major European markets like Germany and France. It&#8217;s interesting to see that the entrepreneurial spirit of people in these markets is already paying off in terms of personal wealth,&#8221; the Economic Times quoted TNS Director Business and Finance Reg van Steen as saying.<\/p>\n<p>While the US is ranked as the world&#8217;s most prosperous country, with 31 million affluent households, UAE and India appear in the top five countries where the affluent have more than USD 1 million investable assets on average, alongside Singapore and Hong Kong, the paper said.<\/p>\n<p>However, in small, wealthy countries, the rich make up a much greater percentage of the population: 29 percent for Luxembourg and 20 percent for Singapore, compared to around 1 percent in India and China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source October 7, 2011 (by Jason Overdorf): India and China have more investor families than individual European countries, according to,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10548","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/10548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/comments?post=10548"}],"version-history":[{"count":0,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/posts\/10548\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/media?parent=10548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/categories?post=10548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hinduismtoday.com\/hpi\/wp-json\/wp\/v2\/tags?post=10548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}