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Strategies & Market Trends : China Warehouse- More Than Crockery -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (3399)7/21/2004 12:10:03 PM
From: RealMuLan  Read Replies (1) | Respond to of 6370
 
Wealth gap may slow economy; unrest unlikely
By Toni Piech

BEIJING - China's wealth gap has grown, no doubt; now it's a gaping wound. While Mao Zedong spread poverty equally over a huge land, Deng Xiaoping turned the tables with his motto: "To get rich is glorious." Some indeed got rich. But many, many more still wait empty-handed for the fruits of economic modernization. That those hundreds of millions left behind - 800 million-plus live in the countryside - might become bitter and ultimately, violently take the fun out of China's new rise to power is a popular scenario, and one the government desperately wants to avert.
atimes.com