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China's wealth gap goes higher than warning levels

The Gini coefficient, which reflects the wealth gap between rich and poor, was at 0.474 level for China in 2012 -- well above the warning levels, a report has said. Known as the Gini coefficient,......

China's cheap labour force down by 3.45 mn in 2012

China's demographic problem due to ageing population is showing up as the labour force for first time has decreased by 3.45 million last year, prompting officials to appeal to the new leadership to......

China set to become world's 2nd largest economy

The Chinese economy grew by stunning 10.7 per cent in the fourth quarter of 2009, which may see it replacing Japan as the second largest economy in the world. Bolstered by massive stimulus measures......

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