Econ and Finance - 16 Jun 2020

Business as usual

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Premier Li Keqiang raised some eyebrows last month when he said that there are still 600 million people earning less than RMB 1,000/month in China.

Yesterday, the National Bureau of Statistics (NBS) backed Li’s statement:

“According to 2019 data, 40% of households…610 million people, have an ...


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