wealth gap

New Business

Will China’s ‘death tax’ cometh soon or late? Lawmakers have wealth redistribution in mind

The possibility that China could levy controversial estate and gift taxes on the public has returned to the limelight, illuminated…

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New Business

Salary caps spread in China’s finance sector amid ‘common prosperity’ drive

Several state-backed financial institutions in China have already placed annual salary caps on their senior executives, the Post has learned,…

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New Business

China’s powerhouse province renews ‘common prosperity’ pledge for 2035

Zhejiang, one of China’s richest provinces, has vowed to achieve “common prosperity” by 2035 – a marquee policy goal of…

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