How Millionaires Will Be Created From China’s Death Industry

(Last Updated On: June 14, 2014)

rueters-china-death

Death industry in China is about to boom. Bank of America Merrill Lynch did a report on the “death care industry” in China found that the population of over 65 will double from currently 119 million by 2050.

By 2015, the number of annual deaths is expected to hit 10.4 million while the death industry may grow by 17% to almost 100 million Yuan per year.

chinaagebaml chinadeathcostsbaml