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April 4, 2012

China's rapid economic growth means population is 'wealthier but unhappier’

The average personal income in China has risen by five per cent a year since the mid 1990s. Yet according to Professor John Knight and Dr Sai Ding in their new book, this recent wealth does not equate with personal happiness. In China's Remarkable Economic Growth, they find that the happiness of the Chinese people has not risen as expected. When people were asked to rate their happiness or satisfaction with life, the average happiness score was found to have fallen over time.

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