CHINA'S IMBALANCE OF WEALTH

WHAT IS GOING ON?

• The top 1% of people in China have 1/3 of China's money.
• It's very hard for China to build a middle class because of their 1.4 billion people
• Last 3 decades led to rapid economic growth.
• Bottom 1/4 of the population has only 1% of China's money.

Imbalance of wealth greatly effects China's Rural population. They are not receiving near as much as the Urban population. This is the first time in China's history that Urban has ever exceed Rural income.

LETS FIX IT!

• Most people in China are just ACCEPTING the problem.
• However, China does have a special 5 year plan that recognizes this problem and encourages the government to reform tax policies.
• China's traditional culture is relativity tolerant of inequality.