More rich Chinese look to donate amid Xi’s… About two thirds of Chinese with at least 5 million yuan (US$727,268) of investible assets say they want to keep…
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…
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…
Shanghai’s home market to worsen as rich owners… The downward spiral is set to continue in Shanghai’s residential property market as a growing number of wealthy…
Did China’s 20th Party Congress dump more gloom… Luxury brands have had to slash forecasts for their 2022 China sales after a rocky year. Are things looking any…
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…
Beijing urged to ‘bring back’ confidence amid… President Xi Jinping pledged to substantially grow’ China’s middle-income group as a share of the total population…
China’s wealthy class feel target on their backs… President Xi Jinping outlined how China will keep ‘income distribution and the means of accumulating wealth…
Tencent launches new AI-powered hearing aid to… Using Tencent’s self-developed AI algorithm, the new hearing aid provides about 85 per cent improved sound clarity…
Focus on ‘core’ as dangerous for the US as it is… Just as a fixation on core inflation can mislead central banks, the power of a ‘core leader’ is a recipe for…