Inequality in China.
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.
- 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.