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The number of Chinese millionaires is expected to double by 2026, according to a report by Credit Suisse issued on Tuesday, despite Beijing’s national drive to ease wealth inequality and a sharply slowing economy. Total household wealth in China reached $85.1 trillion in 2021, up 15.1% or $11.2 trillion from …

A top European industry group warned on Wednesday that firms were losing confidence in China and that its standing as an investment destination was being eroded, citing its “inflexible and inconsistently implemented” Covid policy as a key factor. The European Chamber of Commerce published the warnings in a paper it …

After a long and fearful wait due to Covid-19, many Vietnamese are heading overseas to study again. Truong Thi Hong Phuc od HCMC’s District 3 is determined to provide her son, currently a 11th grader at Nguyen Thi Minh Khai High School, with the opportunity to pursue higher education outside …