Briefing | Dissipating dreams

China’s well-to-do are under assault from every side

Their agonies at the hands of markets and the state will reshape the Chinese economy

Illustration: Carl Godfrey
|SHANGHAI

It was a year ago that the woman who asked to be referred to as Xue Li entered the minefield, although she did not know it at the time. It was only when a mine detonated that she realised the risk she had been running—and by then it was too late.

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This article appeared in the Briefing section of the print edition under the headline “Dissipating dreams”

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