Tag: Inflation

Inflation and Inequality

It is a truth, Zhu Rongji acknowledged, that a country with a Gini coefficient above 0.4 may be at risk of social unrest due to severe income inequality. While China’s official figure has been hidden for over ten years, South China Morning Post’s Tom Holland notes a recent study putting it as high as 0.53, and explains why this matters: Such a fast-rising wealth gap is not just an acad

April 13, 2012 1:08 PM

Chinese Way of Doing Business: In Cash We Trust

The New York Times’ David Barboza looks at the economic and political reasons why cash is so dominant in financial

May 1, 2013 4:56 PM

Food Prices Escalate Amid Inflationary Pressures

In the National People’s Congress session, the government set a target of 3.5% inflation for 2013, but leaders have

March 11, 2013 11:50 AM

Coldest Winter in 28 Years Hits China

The cold front that hit southern China a week ago is likely to continue, creating pressure on the country’s transpo

January 13, 2013 11:30 PM

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