An artist's impression of the Crayfish Town, created by JC Group. Photo: Handout

China’s ‘charming towns’ plan turns into a nightmare for investors, amid legal crackdown

  • Initiative was to dot the countryside with themed villages, like Crayfish Town, Poetry Town, Fairyland Town, and Happy Town
  • Collapse of a funding company has seen senior executives detained by police, and thousands of investors scrambling for answers
Topic |   China economy

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An artist's impression of the Crayfish Town, created by JC Group. Photo: Handout
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The per capita income of urban residents rose 7.9 per cent from a year earlier to 11,633 yuan combined for the first three months of the year, according to official data. Photo: EPA

China’s white-collar workers earned less in first quarter of 2019 despite signs of economic recovery, survey finds

  • Report by job website Zhaopin.com shows the average monthly salary dropped to 8,050 yuan (US$1,195) from 8,096 yuan in the fourth quarter of 2018
  • Results in contrast to official data which showed the per capita income of urban residents rose 7.9 per cent from a year earlier
Topic |   China economy

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The per capita income of urban residents rose 7.9 per cent from a year earlier to 11,633 yuan combined for the first three months of the year, according to official data. Photo: EPA
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