News

Since January, China has recorded more than 81,000 cases of COVID-19 and at least 3200 deaths, mostly in and around the city of Wuhan, in central Hubei province, where the outbreak first started.
As more lower-income families struggle with the pandemic’s ripple effects, the widening gap between rich and poor could threaten China’s economic recovery Retail sales in China are tipped to ...
China’s Solution to Inequality? Cracking Down on Displays of Wealth and Poverty 6 minute read A woman walks across a road in a high-end shopping district in Beijing, China, on March 24, 2022.
After China’s recent great success in eliminating absolute poverty, addressing relative income inequality becomes a more important issue. This survey finds that income inequality rapidly increased in ...
In other words, common prosperity will turn China into a beacon of hope for needy nations, much as the United States has always sought to be. Read: Mapping China’s income inequality ...
We compare household income panel data from China, Germany, the United Kingdom, and the United States. Consistent with previous research, we show that income is more unequally distributed in China ...
Once that supply is exhausted, unskilled wages begin to rise (in relation to skilled wages), and inequality goes down. That China should have seen a rise in inequality when it did is therefore in some ...
China’s income gap has expanded since the 1980s to reach a peak in 2008, when the Gini coefficient reached around 0.5. After that, it declined for a few years slowly, but has rebounded since 2015.
China’s share of global exports rose from 4% in 2000 to 14% in 2015, creating well-paying jobs and domestic prosperity that financed modern urban infrastructure.