A look at wealth in China: its magnitude, how it’s being spent and invested, and the yawning inequality gap that has only grown in the Xi era.
How have China’s wealthiest fared amid the pandemic and Xi Jinping’s drive for common prosperity? Rather well, according to two reports which suggest that China’s rich have only gotten richer.
The top 0.001 percent of China’s population — or about 14,000 people — now own close to 10 percent of national wealth, up from 6 percent in 2016, according to a new report by the World Inequality Lab, a research center at the Paris School of Economics co-led by the economist Thomas Pik
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A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
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Chinese companies have decided that the best place to make money right now is outside of China. The phenomenon known as chu hai (出海), which translates to “go global,” has taken hold, marking a kind of second 'go out' initiative. This time, however, Chinese companies are being met with scrutiny and suspicion.
The former Commerce Secretary and ambassador to China talks about how his background shaped his approach to dealing with Beijing, the pivot to Asia and negotiating Chen Guangcheng's release.
Navigate China's Business Landscape with Confidence.