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Amid surge in wealth, China leapfrogs US to top spot https://ift.tt/eA8V8J

Net worth worldwide rose to $514 trillion in 2020, from $156 trillion in 2000, according to the study. China accounted for almost one-third of the increase. Its wealth skyrocketed to $120 trillion from a mere $7 trillion in 2000, the year before it joined the World Trade Organization, speeding its economic ascent.

from Times of India https://ift.tt/30u87Oe
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