For the past several months, China’s State Council Information Office has been hosting a series of press conferences intended to showcase the accomplishments of various government ministries and ...

BEIJING (Reuters) - China's statistics chief declared on Friday there was an urgent need for reforms to narrow the income gap between rich and poor, addressing head-on an issue that officialdom has ...

On June 22, a search term, which is also the title of an article, “the founders of Manner Coffee have a combined net worth of 7.2 billion yuan, making them included in the 2024 Hurun Global Rich List” ...

President Xi Jinping put China’s wealthiest citizens on notice Tuesday, offering an outline for “common prosperity” that includes income regulation and redistribution, according to state media reports ...

Changes in overall economic conditions may affect real household income levels and also how income is distributed across households. Analysis using annual data from 1967 to 2023 shows that the adverse ...

Fixing inequality would require fundamental change in China’s tax structure and state system – reforms highly unlikely under the current political system. Chinese leader Xi Jinping has declared war on ...