Financial journalist Emma Johnson on financial hurdles of divorce

Global Business

It’s no surprise that China’s social structures are changing as rapidly as the economy. GDP growth has also led to more choices in terms of lifestyle and work. Unfortunately, the number of divorces in the Chinese mainland has also exploded.

For more on the causes and costs of divorces, CCTV America’s Michelle Makori spoke to Emma Johnson. She is financial journalist and founder of WealthlySingleMommy.com.

 

divorces in China

This statistic shows the number of divorces in China from 2004 to 2014. In 2007, approximately 2.1 million couples divorced in China.
Sources: MOHRSS; Ministry of Civil Affairs (China)

 

Statistic: Most expensive divorces among celebrities as of March 2016, by estimated settlement (in million U.S. dollars) | Statista
Find more statistics at Statista

 

Infographic: The Most Expensive Divorces in History | Statista