ChinaFile Recommends
01.20.13China’s ‘Lamborghini’ Coefficient
New York Times
According to China's first official Gini coefficient figures in a decade, China today is more equal than in 2003.
ChinaFile Recommends
01.20.13China’s Inequality Index Highlights Urgency for Distribution Reforms
Global Times
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.
ChinaFile Recommends
01.14.13International Schools in China Point Students to the West
Reuters
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.
Infographics
12.19.12
A Comparison of China’s and America’s Richest People
CNPolitics, a Chinese-language news website, recently released this infographic examining the differences between China and America’s wealthiest individuals as reported by Forbes Magazine. As the site notes, China’s relatively recent economic rise...
Caixin Media
12.07.12Who Pays When a Wealth Product Fails?
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 Huaxia...
Caixin Media
11.12.12
Weighing Risks Amid a Wealth Management Boom
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 bank-...
ChinaFile Recommends
10.10.12China's Multimillionaires Mapped
Guardian
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 worth individuals, have released the...