China’s ‘Lamborghini’ Coefficient
According to China's first official Gini coefficient figures in a decade, China today is more equal than in 2003.
According to China's first official Gini coefficient figures in a decade, China today is more equal than in 2003.
The first rich-poor index for the past decade paints a far-from-rosy picture of what must be done to bridge the wealth gap.
Some Chinese pay as much as 260,000 renminbi, or about $42,000, a year for a Western-style education and a possible ticket to a college overseas for their children.
CNPolitics, a Chinese-language news website,...
A crowd of angry investors packed a Shanghai branch of Huaxia Bank on December 3 after they heard that the money wasn’t there for the first of four repayments for a 119 million-yuan wealth management plan. They demanded their money back from...
Is China’s wealth management business a booming profit volcano for investors, or just another smoke-and-mirrors pyramid scheme?
It’s a question dividing the nation’s bankers and banking regulators as investors of all kinds pour cash into...
There were 7,905 multimillionaires in China at the end of 2011, an increase of 41% compared to 2007 - but how are they distributed across the country? WealthInsight, specialists in data on high net...