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Extreme Poverty in China Crashes Since 1981

While China’s severe income inequality has become an increasingly prominent issue in recent months, new estimates from the World Bank on extreme poverty around the globe (PDF) show another side to the country’s...

China Lets Gini Out of the Bottle

China has not made its Gini coefficient public since 2000. The Gini coefficient is a measure of income inequality, ranging from 0, or perfect equality, to 1, or perfect inequality. A figure above 0.4 is widely believed to...

China Banks Pull Out of Meetings in Japan

CDT previously reported on the possible economic strain from the Diaoyu Island dispute between China and Japan. As Chinese surveillance ships arrive in the region, the tensions between the two nations continue to escalate. The...

CDT Money: World Bank Report Outlines Reform Path

[youtube]http://www.youtube.com/watch?v=XC0p6W_oN3Q[/youtube] The World Bank published a nearly 500 page report Monday, co-authored with a government think-tank, which prescribes a roadmap of reform for the Chinese economy as it...

Report To Urge Economic Reform

The World Bank and a Chinese government think tank will release an economic report on Monday, called “China 2030,”  which warns of a hard landing for China unless it enacts reforms to a system dominated by...

China Edges Towards Inequality Measure

Caixin magazine recently reported the National Bureau of Statistics’ failure for an eleventh consecutive year to release the country’s Gini coefficient, a key measure of economic inequality. Now, China Daily...

The Choking of China — and The World

In The Independent, Johann Hari writes about China’s “ecological disintegration”, heavily citing Jonathan Watts’ book, When A Billion Chinese Jump. Swiping at “gasbag” Thomas Friedman’s...

World Bank Raises China Growth Forecasts

In its quarterly report, the World Bank has adjusted its growth outlook for China. From the Washington Post: The bank raised its 2010 growth outlook from 9.5 percent to 10 percent and its growth outlook for next year from 8.5...

It’s China’s World We’re Just Living in It

An article in Newsweek looks at the ways China is trying to rewrite the rules of global engagement: It’s easy to forget that big international bodies like the IMF and the World Bank were created by just a few nations, led...

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