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Chinese robo-advice market is one to watch, says GlobalData

News Team, 11/02/2019

A rapidly rising middle class, strong consumer demand and a shift towards investment products outside of deposits all make China an ideal setting for automated investment services (robo-advisers), says data and analytics firm GlobalData.

An analysis of GlobalData’s 2018 Mass Affluent Investors Survey found that over a quarter of the 1,000 respondents in China ranked the statement ‘I can't imagine living without technology’ within their top three, meaning only a few countries in the world place greater importance on technology. 

Meanwhile 57.3 percent of Chinese investors state that they are ‘always the firs...


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