Back in 2000, China held just 3% of global wealth. Today, it commands 18.6%, second only to the U.S. India, by contrast, has moved from under 2% to about 3.4%—a minor uptick in a period of massive global restructuring.
Total wealth figures expose the chasm. China now holds $84.5 trillion in assets, more than 5.5 times India’s $15.4 trillion. The U.S. still leads at $139.9 trillion, while Japan sits at $22.6 trillion.
China has also pulled far ahead on household wealth. The median Chinese adult now holds $27,000—seven times the Indian median of just $3,700. Even in average terms, China leads with $75,000 versus India’s $16,500. The U.S. remains dominant at $560,000 mean and $110,000 median.
“China’s median wealth is 7x India’s,” Avasthi stressed, calling it a direct result of a rising, resilient middle class.
The inequality gap tells another story. China’s Gini coefficient stands at 70.9%—well below India’s 82.5% and the U.S.’s 83%, suggesting China’s wealth is not only bigger, but better distributed. Japan remains the most equal at ~65%.
In high-net-worth individuals, too, China ranks second globally, ahead of Japan and India.
“For any nation chasing prosperity, China is the benchmark,” Avasthi said.