Wednesday , April 14 2021
Home / South China Morning Post / China’s ‘two sessions’: wealth inequality poses threat to Beijing’s post-Covid economic plan

China’s ‘two sessions’: wealth inequality poses threat to Beijing’s post-Covid economic plan

Summary:
[unable to retrieve full-text content]When Peng Biao first shifted to the bustling city of Guangzhou from the remote mountain village she grew up in, she felt a world away from home.Like hundreds of millions of Chinese from underdeveloped rural areas, Peng was forced to leave her children and parents behind to find work in the country’s booming cities. Once she arrived, she was taken aback by just how stark the gap was between China’s rich and poor.“Compared to when we were kids or even 10 years ago, the conditions in the village…

Topics:
He Huifeng considers the following as important:

This could be interesting, too:

[email protected] (New Deal democrat) writes Monthly consumer inflation rate increases by most in 10 years; real wages decline, but real aggregate wages increase

Lance Roberts writes #Fundamentally Speaking: Earnings Optimism Explodes

Jeffrey P. Snider writes Eurodollar University’s Making Sense; Episode 63; Part 1: Bernanke Was Not Making Sense, Bonds, Bubbles & Money

Marcelo Perez writes Weekly Market Pulse (VIDEO)

[unable to retrieve full-text content]
When Peng Biao first shifted to the bustling city of Guangzhou from the remote mountain village she grew up in, she felt a world away from home.Like hundreds of millions of Chinese from underdeveloped rural areas, Peng was forced to leave her children and parents behind to find work in the country’s booming cities. Once she arrived, she was taken aback by just how stark the gap was between China’s rich and poor.“Compared to when we were kids or even 10 years ago, the conditions in the village…

Leave a Reply

Your email address will not be published. Required fields are marked *