Almost a third of affluent Chinese are looking to borrow, according to a survey to be released on Thursday by McKinsey, which also found that most affluent Chinese are seeking, but probably not getting, adequate financial advice.
The management consultancy said that 31 per cent of affluent people surveyed in mainland China were now interested in borrowing, a “surprising” jump from 19 per cent in 2004, when it last carried out its Asian personal finance survey.
