中国的经济奇迹催生了大量百万美元级的富翁，人数估计有35万，这促使全球各财富管理集团都在谋划进入这一市场。

China's economic miracle has produced an estimated 350,000 dollar millionaires, prompting wealth management groups around the world to plot market entry.

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它们易于缺乏管理和“寻租”——利益集团、官员和其他关系紧密者通过自己的地位来获取势力和财富的行为。

And they are prone to poor administration and to "rent-seeking" -attempts by interest groups, officials and other well-connected people to use their position to gain influence or wealth.

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公司伺机从花旗集团购买了51%的美邦证券，这将财富管理及零售经纪推向更稳定更轻资产化。

A push into more stable, and capital-light, wealth management and retail brokerage was made through the opportunistic purchase of 51% of Smith Barney from Citigroup.

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