Author: Cindy

Cindy is currently an undergraduate studying political science and Asian studies at UC Berkeley. She is primarily interested in Chinese political reform and social justice, particularly issues of poverty and inequality.
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1% of Chinese Own One-Third of National Wealth

A recent survey by Peking University showed that 1% of China’s richest families hold more than one-third of the nation’ s total wealth, Xinhua reports: About one percent of Chinese households own one-third of the nation’s wealth, raising concerns about income inequality in the world’s most populous country, according to a study by Peking University. Chinese

July 28, 2014 4:04 PM

China’s Jobless Rate Is 5.1%. Or Maybe It’s 4.1%.

Two Chinese ministries have released conflicting job market figures that put urban unemployment at 4.08% and 5.05% respectively, Bloomberg News’ Xiaoqing Pi reports: The reports pit the registered rate [for those with local hukou residence registration], which excludes more than 200 million migrant workers, against the newer surveyed rate, whose methodology

July 28, 2014 3:43 PM

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