Experts believe that the growing income inequality in China is a threat to social stability – and thus to the government. Fu Yifu, a researcher at the Suning Institute of Finance, takes a look at the changes in income inequality since the beginning of the 21st century. getAbstract recommends this article to anyone interested in Chinese societal issues.
In this summary, you will learn
- How income equality in China changed between 1995 and 2017,
- What level of income equality in China exists in different industries and regions, and
- What the Chinese government could do about it.
About the Author
Fu Yifu is a researcher at the Suning Institute of Finance, which publishes more than 400 articles every month on topics like financial technology, consumer finance, supply chain finance, macroeconomy, regional economy and industrial development.