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Keywords:
Tags: Current Focus, Consumer, China,
Grouped Articles
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
Wall Street Journal 11/06/2013
Hong Kong Wealth Gap on Display in Protests
New York Times 10/05/2014
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
China Seeks a New Self Through an Old Method
Wall Street Journal 10/13/2010
Villagerâs Suspicious Death Ignites Fury in China
New York Times 12/28/2010
Grouped Articles
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
Wall Street Journal 11/06/2013
Hong Kong Wealth Gap on Display in Protests
New York Times 10/05/2014
Janet Yellen Warns of Inequality Threat
New York Times 10/17/2014
New York Times 11/20/2011
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
The way in which public anger was aroused in Hangchou and the rest of China, over a rich youth in a Mitsubishi racer (retrofitted for speed) running over a young telecom engineer from the poorer class.
Grouped Articles
Wall Street Journal 04/19/2013
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
Wall Street Journal 11/06/2013
Wall Street Journal 08/19/2015
China's Rich Youth Spark Bitter Divide
Wall Street Journal 09/22/2009
China's New Cultural Revolution
Wall Street Journal 10/09/2009
The situation in the US, Germany, Britain, China, India, Brazil and other countries.
Grouped Articles
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
New York Times 09/12/2013
German elections pit Merkel, challenger over poverty problems - The Washington Post
Washington Post 09/17/2013
Americaâs Sinking Middle Class
New York Times 09/18/2013
Europe's Easy-Money Policy Snubs German Savers
Wall Street Journal 11/25/2013
Germany's Social Democrats Agree to Coalition Talks With Merkel
Wall Street Journal 10/21/2013
Wu is not optimistic about the future because he says the crony capitalists and bureaucrats want to get richer and their is a widening income gap and other problems that remain hidden because of the lack of a free media.
Grouped Articles
The Slowing of Two Economic Giants
New York Times 07/14/2013
OECD report cites rising income inequality - The Washington Post
Washington Post 12/06/2011
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
Peopleâs Daily Article Appears to Rebuke Wen Jiabao
New York Times 10/27/2010
Uncertainty bedevils the best system
Unknown 04/15/2009
Hong Kong Wealth Gap on Display in Protests
New York Times 10/05/2014
Orlik cites a study by a Chinese university which shows 10% of the households has over 80% of the wealth, and over 50% of the households have little or no savings. This suggests that there is not much room to increase consumer spending on education, healthcare, and consumer goods for these households as incomes are too low. This may account for the insecurity felt by a large majority of households about the future. It also shows that rebalancing the global economy would require rebalancing within China, reducing inequality and improving incomes for the middle class to increase consumer spending.
Grouped Articles
Wall Street Journal 07/01/2013
The Slowing of Two Economic Giants
New York Times 07/14/2013
Wall Street Journal 07/15/2013
New York Times 12/18/2011
Survey in China Shows a Wide Gap in Income
New York Times 07/19/2013
Wall Street Journal 11/06/2013
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