Scribd
Upload
23 views2 pages

The National Debt, Equality, China

The document discusses national debt, equality, and income inequality in China. It notes that income inequality sharply increased in China from the early 1980s due to private sector growth and foreign investment. While inequality increased development, the Chinese government now works to reduce inequality through spending in rural areas.

Uploaded by

rockydark
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
23 views2 pages

The National Debt, Equality, China

The document discusses national debt, equality, and income inequality in China. It notes that income inequality sharply increased in China from the early 1980s due to private sector growth and foreign investment. While inequality increased development, the Chinese government now works to reduce inequality through spending in rural areas.

Uploaded by

rockydark
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

The National Debt, Equality, China

The National Debt is so high in every country that it is convenient to


promote a healthy work environment to induce all weak humans to
work, in order to increase COMPETITION in the Labor Market.

Resentful people always promote violence for not being "equal" and
it is convenient to reduce that animosity with less bullying.

The way to limit violence is a narrative of equality.

Equality of results is unfair and designed to deceive naives.

There are different human capacity in many levels and even brothers
reach different levels of income, despite having similar opportunities
for health and education.

Sadly, the word "equality" is use by thousands of politicians in order


to seduce naives and capture their votes.

Even brothers with similar education have different income level.


And that depends on habits, drive, intelligence, perseverance,
emotional and spiritual intelligence... which are developed by each
citizen, without intervention.

China has experienced rapid economic growth over the past two
decades thanks to the PRIVATE SECTOR (companies, professionals,
technicians and investors' savings).

Income inequality increased sharply in China from the early 1980s,


and rendered China among the most unequal countries in the world.

China government accepted that situation in order to create


technical capacity with foreign investment.

China's Gini coefficient increased from 0.30 to 0.55 between 1980


and 2002.
Thanks to private sector the government can collect more and spent
in many rural areas to reduce China's Gini coefficient to 0.38.

We can see Ferraris, Prada because now China has multimillionaires


and poor people in the same city.

The existing income inequality in China is attributed to structural


factors of Chinese political system.

The structural drivers are:

a) urban-rural disparity

b) regional disparities in economic prosperity.

The same problems in many developing countries like Peru or


Bolivia.

China doesn't allow blockades nor violence at airports.

June 23rd, 2023

https://en.m.wikipedia.org/wiki/Income_inequality_in_China

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy