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China Numbers: Luxury Cars, Cemeteries & Rural Wages

Photo: AFP

The numbers making news around China during the week of May 13, 2013

56 percent
Rural women earned 56 percent of their rural male counterparts’ income in 2010. This is down from 79 percent in 1990. People’s Daily

$135 million
The amount China Railway Construction Corporation (CRCC), the country's second-largest State-owned construction firm, said it spent on entertainment in 2012 - representing 10 percent of the company's net profit. Global Times

29 percent
Amount Yum! Brands’ sales fell in April as customers remained concerned about the safety of its chicken and the spread of bird flu. Bloomberg

$100 million
Cost of the planned Fushan Revolutionary Cemetery in Guangzhou, which is designated only for the privileged class, including “revolutionary martyrs,” “government cadres” and “military servicemen.” Financial Times

8.34 percent
Growth in China’s luxury car market in the first quarter of 2013 – about an 80 percent drop from the same period last year. Caijing

$1.25 trillion
China’s holdings of U.S. treasury bonds in March, retaining its position over Japan (which holds $1.1 trillion) as America’s largest creditor. Bloomberg

13 percent
Amount China’s home sales transaction value fell in April from the previous month as the government’s new property curbs started to take effect. Bloomberg



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The Economic Observer's editorial staff are always on the look out for interesting, fresh and high-quality China-related content. Whether it's the latest buzz on Weibo, links to insightful articles or updates on the latest books and reports, through China Buzz we'll keep you in the loop about what's going on in the world of Chinese politics and economics.

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