Economic Inequality

Rich Chinese look abroad to preserve wealth

7 May 2013

China’s richest people are stepping up investment in US real estate and other foreign assets as they try to preserve their fortunes in the face of a fast-changing economy, a report said on Tuesday...

5:42AM

3 comments

Wen Jiabao bows out after 10 years as premier

16 Mar 2013

Wen Jiabao bowed out of political life yesterday, formally handing the premiership to Li Keqiang after 10 years in the job.

Li became the new premier after a ceremonial election at the...

7:41AM

Wealth gap puts China among world's most unequal nations, survey reveals

11 Dec 2012

China's wealth gap has widened to a level where it is among the world's most unequal nations, a survey has revealed.

4:03AM

China wealth gap continues to widen, survey finds

10 Dec 2012

The chasm between China’s rich and poor has widened to alarming levels, according to survey results released by the Survey and Research Centre for China Household Finance.

2:34AM

2 comments

Letters to the Editor, November 14, 2012

14 Nov 2012

Train staff to work safely with electricity

Last month, the number of people who died or were seriously injured as a result of working with electricity rose.

3:15AM

Hong Kong's widening wealth gap needs home-grown solution

18 Oct 2012

Some of the most deep-seated problems plaguing Hong Kong today - extreme social and income inequalities - are not something democracy alone can solve.

3:28AM

7 comments

Opinion

Attempts to diversify China's reserves have been a disaster

4:45AM

Howard Winn

China is like the EU; provinces are its member states

5:26AM

Chinese increasingly worry about graft and inequality, survey says

A growing number of mainland Chinese worry about corruption, inequality and food safety, a survey said, weeks before China unveils its next generation of leaders.

2:24PM

4 comments

Helping underclass requires vision

Hong Kong has become more prosperous over the decades and emerged from financial crises in better shape than most places. Yet inequality has grown. The latest evidence is difficult to refute.

6:40PM

Haves and have-nots

The gap between rich and poor in Hong Kong now stands at its widest in at least three decades.

The Census and Statistics Department says the city's Gini coefficient has reached 0.537...

5:58PM

Tsang let the Gini out of the bottle

Donald Tsang Yam-kuen has, perhaps, finally understood where he failed. The grilling and humiliation the retiring chief executive suffered in the legislature last week marked a sad ending to a...

5:56PM

Making the rich poorer is not answer, C.Y. says

The government would not make the rich poorer so as to narrow the wealth gap, chief executive-elect Leung Chun-ying said yesterday as he named the members of a committee to revive a commission to...

5:56PM

It's well past time to put the Gini back where it belongs

'Let some people get rich first,' urged Deng Xiaoping, and sure enough, some of them did. Between 1990 and 2008, China's headlong rush to economic growth lifted 500 million people out of extreme...

12:31PM