China has lifted 500m people out of poverty in the last 20 years. But the latest statistics indicate the income gap may be getting uncomfortably wide.
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China has lifted 500m people out of poverty in the last 20 years. But the latest statistics indicate the income gap may be getting uncomfortably wide.
Graham Earnshaw is walking from Shanghai to Tibet when he has the time, starting always from the last place he stopped. This month, we find him near the town of Si-an in western Zhejiang.
With the domestic market saturated, the pressures mount on foreign carmakers in China to export, but quality remains a roadblock.
The Red Dragon Fund is into its second month, and its managers can report progress on two fronts-the share holding of the fund has increased in value AND the renminbi asset which is the fund is now worth 2.1% more against the US dollar than when it was founded two months ago.
Fresh from its IPO, Baidu is well-capitalized to expand its user base, but will there be room for the others to play?