China's asset management sector regains steam to hit $20.5t in 2021

China's asset management sector regains steam to hit $20.5t in 2021

Photo: Eric Prouzet/Unsplash

China’s asset management industry got back on its feet in 2021 to record its first double-digit growth after nearly three years of an industrywide shakeup as authorities brought the vast sector under a new regulatory framework.