Where are China’s rich stashing their cash?




McKinsey Greater China show

Summary: Flush with cash, China’s rich are seeking ways to preserve as well as expand their wealth. China’s economic boom has spawned a new class of wealthy individuals. Flush with cash, China’s rich are seeking ways to preserve as well as expand their wealth. In this podcast, Nick Leung speaks with Emmanuel Pitsilis, Kenny Lam, and Jared Shu about a new survey they published that sheds light on what China’s wealthy are looking for when they shop for private banking services. Emmanuel and Kenny are Partners in Hong Kong, where Jared is an Associate Partner. Nick is Managing Partner of McKinsey’s Greater China practice.