China’s wealth paradox: Fewer rich, greater inequality
New research reveals that while the number of wealthy households in China is shrinking, the country’s ultra-rich are claiming a larger slice of the pie.
A man and a woman walk past the Cartier storefront on September 28, 2024, in Chengdu, China. Image: Getty Images
A man and a woman walk past the Cartier storefront on September 28, 2024, in Chengdu, China. Image: Getty Images