My comment: Taiwan is not to blame. China has sent so many trade delegations
to buy Taiwan goods.
------------------Separately
台湾富裕人数增幅亚太第三.
Note: 美林全球财富管理与凯捷顾问发行的2010年亚太地区财富报告. That is
2010 Asia-Pacific Wealth Report, by Merrill Lynch Global Wealth Management
and Capgemini.
Press release: Asia-Pacific HNWI Wealth and Population Rebound Past Pre-
Crisis Levels, According to the Fifth Annual Asia-Pacific Wealth Report.
Sept. 28, 2010.
http://www.capgemini.com/news-and-events/news/asiapacific-hnwi-wealth-and-population-rebound-past-precrisis-levels/
(a) Note:
(i) The high net worth individual (HNWI) is defined by the report as anyone
with investable assets of at least $1 million (thus excluding real estate
and jewelry).
(ii) The report can be downloaded in several languages (English; Korean
traditional and simplified Chinese; not Japanese). HOWEVER, one needs to
sign in.
http://www.capgemini.com/services-and-solutions/by-industry/financial-services/solutions/wealth/asia_pacific_wealth_report_2010/
(b) Quote:
"Asia-Pacific’s HNWI population matches that of Europe’s for the first
time at 3 million.
"Japan is by far the single largest HNWI market in Asia-Pacific. Alone it
accounted for 54.6 percent of the Asia-Pacific HNWI population and 40.3
percent of its wealth at the end of 2009. At the same time, growth in Japan
was less than in other markets due to the slowdown in Japan’s macroeconomic
growth and the relatively weak performance of its stock markets.
"China remained the second-largest HNWI base in the region, and fourth-
largest in the world, with 477,000 HNWIs, up 31.0 percent from the previous
year.
"Hong Kong’s HNWI population had the highest percentage gain in the world,
up 104.4 percent to 76,000. This growth, however, did not fully recoup the
large declines Hong Kong saw in 2008. Despite significant gains in key
market drivers of wealth, particularly equities and real estate, the number
of HNWIs in Hong Kong at the end of 2009 was still only 79 percent of the
number at the end of 2007.