With 95 percent of China’s richest people making rather than inheriting their fortunes, passing on their wealth to their kids is a new and anxious undertaking
China's new billionaires will take part in the nation's "first-ever major intergenerational wealth transfer," which has them concerned about their children being up to the task, according to a report from UBS and PricewaterhouseCoopers.
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May 26, 2017