We often dip into our investment capital to supplement a lifestyle the whole family takes for granted. This worries me as my husband semi-retired on the strength of my package, which is now looking insecure. How do we rein in family spending?Monday, 31 December, 2012, 4:58am
The number of wealthy households in the mainland's inland region are set to grow faster than in the rich cities and coastal provinces where the economic slowdown has hit harder, a study has shown.21 Dec 2012 - 3:46am
The Johannesburg suburb of Sandton is a real eye-opener. Known among property agents as "Africa's richest square mile", Sandton is the office location of choice for multinational investment banks and brokerages - thanks, in part, to its heavy security.11 Dec 2012 - 3:43am 5 comments
We've heard a lot in recent months about how China is in danger of falling into the middle income trap.
But there's a problem with these warnings. They treat China as if it were a single country. But in economic terms, China looks more like an entire continent.26 Nov 2012 - 2:38am 2 comments
Economic goals laid out in Hu Jintao's report to the 18th party congress report have sent a clear signal that Beijing is willing to slow growth and focus on boosting people's wages, a senior government researcher said.12 Nov 2012 - 5:58am
The Communist Party aims to double average household incomes on the mainland by 2020, party chief Hu Jintao said yesterday at the opening of a pivotal party congress that will usher in a new generation of leaders.
He insisted the party's firm political control was the key to achieving that target.9 Nov 2012 - 12:25pm 1 comment
It's probably just as well that Hu Jintao will soon be stepping down as president of China, because in his address to the party faithful yesterday, he sounded badly confused about the country's economy.9 Nov 2012 - 3:59am 4 comments