Financial Times FT.com

Riches on offer, but hard to get

By Sophia Grene

Published: April 6 2008 19:55 | Last updated: April 6 2008 19:55

It is always the numbers, the sheer scale of the place that makes China so awesome.

For asset managers, the numbers to take your breath away include the rate of growth of assets in the fund management industry: 282 per cent in 2007 to Rmb3,200bn (£231bn, €292bn, $456bn). Half of this growth is due to new investment in funds, and half to the spectacular growth of the stock market.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this