Only India and China insulated from wealth erosion due to Covid-19

India and China are the only two major countries that remain insulated from the erosion of wealth due to the Covid-19 pandemic.

Wealth per adult in India stood at $17,300 at the end of 2019 after a year of moderate growth and was $17,420 at end-June 2020, showing some growth despite the pandemic. Wealth growth is expected to...