How generational wealth transfer will reshape China’s economy

The largest wealth transfer in history will accelerate the tilt of economic influence to the East as investment priorities change and women – who are set to inherit a growing share of assets – gain financial clout. The implications will ripple across geopolitics, financial markets and fiscal policies. Financial research firm Cerulli predicts that globally, an estimated US$124 trillion is expected to change hands by 2048. The 2023 Hurun Wealth Report estimated that heirs in China will receive...

Source: scmp.com at 1/20/2026 8:30:08 AM.

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