To read the full version of this content please select one of the options below:

Reducing inequality will become harder for China

Monday, July 3, 2017

Subject

Inequality in China.

Significance

The income gap between rich and poor has begun to narrow again after two decades of rising inequality, and there is strong evidence that this is a result of government policy.

Impacts

  • Rising disposable incomes among poorer households will help rebalance the economy.
  • Policies such as raising minimum wages and improving protection for casual workers may be abandoned.
  • Inequality is quite high by international standards and still at a level that has the potential to cause social instability.
Expert Briefings Powered by Oxford Analytica
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.