Mainland China is the third-fastest region for producing millionaires, ahead of the Hong Kong and the US, South China Morning Post reported, citing a new survey. The world’s second-largest economy last year experienced a 17.8% growth in the number of people with more than US$1 million to invest, taking the total to 758,000, according to the World Wealth Report 2014 released on Thursday by Capgemini and RBC Wealth Management. The report tracks the world’s wealthiest people in 71 countries. The pace of growth on the mainland was higher than the global average of 15%. Only Japan and Kuwait produce more.
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