China’s Covid-weary entrepreneurs hesitate on… President Xi Jinping has again urged entrepreneurs to give to charity and ‘share the fruits of growth’, but his…
Dump property or cut holidays? Middle class in… Some middle-class Chinese are making drastic cuts to their personal budgets amid an uncertain outlook for 2023,…
Number of rich Chinese stays steady as Xi vows… The number of rich families in China remained largely unchanged last year, a new survey shows, despite the…
Xi’s got China’s rich worrying about wealth. Now… China’s sluggish economy, a slump in the real estate market and policy uncertainty following the 20th party…
China names model county in inequality reduction… China’s Jiashan county in the eastern province of Zhejiang has been designated a demonstration zone by Beijing in…
Are China’s frustrated middle class ‘lying flat’… China’s middle class are used to buying luxury items, making investments and buying property, but lots of these…
‘I have nothing but loans’: China’s economic rut… From business owners to office workers, rising debt and falling incomes are becoming a reality for many Chinese, as…
Changing tastes of China’s middle class drive… China’s appetite for high-end foreign food is growing with imports of expensive pork cuts and other meats from…
Why is China’s middle class starting to look… China’s middle class has grown explosively in the past 20 years.In 2000, roughly 3 per cent of the country’s…