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Poverty in China
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Comments from an economist calling for a ‘people-oriented’ economy have garnered more attention than warranted, reflecting worrying changes in China’s political environment.

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Exchanges following the UN human rights chief’s visit to Xinjiang do little to advance the cause, particularly when there are reasons to worry elsewhere in the world.

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Xi Jinping’s push for ‘common prosperity’ has merit because the current course can only threaten social, political and economic stability, even in the biggest and wealthiest countries.

An 84-year-old woman in China, who was moved by the plight of children in poverty who cannot afford warm winter clothes, embarked on a jumper knitting marathon that has seen her produce around 1,500 sweaters over a 15-year period.

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In difficult economic times, Chinese people have become increasingly reluctant to tap into their savings, but healthcare costs are on the rise as the population gets older and people invest more in their well-being.

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Faced with dwindling opportunities, from rural hometowns to major cities, some migrant workers sleep in the streets as they roll the dice on where the sluggish economic recovery will create the most jobs.

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About two thirds of Chinese with at least 5 million yuan (US$727,268) of investible assets say they want to keep donating to charity in the next 10 years, according to a new survey gauging attitudes towards philanthropy.

President Xi Jinping has again urged entrepreneurs to give to charity and ‘share the fruits of growth’, but his message could find a muted reaction among private firms still recovering from three years of Covid uncertainty.

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More than a dozen government agencies in China have vowed to make it easier for migrants in cities to tap into public services, such as healthcare, in a bid to boost economic activity

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Outspoken former finance minister Lou Jiwei says policymakers need to bring a reformist mindset to land, welfare and tax, while easing market concern that the wealthy will be targeted to narrow the wealth gap.

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Images of a tiny, so-called nano-flat, in Shanghai, China have gone viral after a real-estate agent boasted about its “all-inclusive” design and the fact that you can cook while sitting on the toilet.

China’s government says it has averted a large-scale return to poverty after a year of coronavirus outbreaks and economic challenges, but the declining incomes of rural migrant workers remains a pressing issue.

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China’s decision to relax virus restrictions is likely to ease pressure on low-income households, but millions are at risk of slipping back into poverty as the economy struggles to recover after nearly three years of zero-Covid.

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Ma Xiaohe, the former head of a government think tank, believes that China’s ‘wealth accumulation mechanism is very fragile’ amid the recent common prosperity drive following last month’s 20th party congress.

China’s Jiashan county in the eastern province of Zhejiang has been designated a demonstration zone by Beijing in its drive to create a more equal society under ‘common prosperity’.

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President Xi Jinping outlined how China will keep ‘income distribution and the means of accumulating wealth well-regulated’ at the 20th party congress, triggering fresh worries among the wealthy and upper middle-class.

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President Xi Jinping’s report to the 20th party congress signalled more robust regulation to evenly distribute the spoils of China’s rapid development, sparking speculation about who might be targeted and how.

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Senior Communist Party ideologist Han Baojiang says that a further emphasis is to be placed on the common prosperity initiative that calls for an even distribution of wealth during the 20th party congress next month.

A rising tennis star has become the latest internet celebrity in mainland China after a picture of him using a bamboo basket, a traditional everyday item of the Wa ethnic group, appeared online.