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India, China's household wealth rose despite pandemic: Credit Suisse
short by Kiran Khatri / on Friday, 23 October, 2020
Despite COVID-19's impact on the global economy, household wealth has "emerged relatively unscathed" and even increased in China and India, according to Credit Suisse's Global Wealth Report 2020. China and India's household wealth grew 4.4% and 1.6%, respectively, in the first half of 2020. Meanwhile, North America's wealth per adult is projected to drop 5% in 2020, the report said.
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