The yawning wealth gap was also apparent in data from Shenzhen-based China Merchants Bank (CMB), one of the country’s biggest domestic wealth management-focused lenders. CMB said that about 2.3 ...

We've analysed the wealth divide in the US And India, and now, let's turn to China—where the gap between the rich and the ultra-rich is expanding. So, where does China stand in this global ...

China's securities association has published new draft guidelines that will penalise companies whose staff flaunt their wealth and privilege, as Beijing continues its drive to remould an industry ...

China's economy is reeling from a double whammy of high youth unemployment and plunging household wealth. After a sustained period of rapid progress that saw growth rates average 10% over 30 years ...

Labor-augmenting progress raises wages and output without affecting wealth distribution." Finally, they propose policy interventions the Chinese government can undertake to mitigate any potential ...