economic slowdown

More than 60% of Chinese over 60 are empty nesters, survey finds

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More than 60% of Chinese over 60 are empty nesters, survey finds

Nearly 60 per cent of people aged 60 and over in mainland China are empty nesters – an increase of more than 10 percentage points in a decade – and most say they cannot afford to live in a nursing home, according to a nationwide survey. The poll, conducted every five years by the Ministry … Read more

‘Millions benefited’: why generations see Deng Xiaoping as the architect of modern China

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‘Millions benefited’: why generations see Deng Xiaoping as the architect of modern China

“Our generation boldly ventured into uncharted waters … we ‘crossed the river by feeling the stones’,” she said, referring to the metaphor Deng used to describe China’s gradual approach to those policies. Guo, who had recently graduated with a major in English translation, started at the company as an assistant earning 8,400 yuan a year. … Read more