Search results
Results from the WOW.Com Content Network
Traditional political ideology promotes merit-based inequality. Official propaganda emphasizes that economic development requires some people to get rich first, and the resulting inequality is the price this society pays for development. [6] China's traditional political consciousness promotes inequality based on performance.
Social issues in China are wide-ranging, and are a combined result of Chinese economic reforms set in place in the late 1970s, the nation's political and cultural history, and an immense population. Due to the significant number of social problems that have existed throughout the country, China's government has faced difficulty in trying to ...
In a landmark paper published in the Review of Development Economics, economists Ravi Kanbur and Xiaobo Zhang conclude that there have been three peaks of inequality in China in the last fifty years, “coinciding with the Great Famine of the late 1950s, the Cultural Revolution of the late 1960s and 1970s, and finally the period of openness and global integration in the late 1990s.” [4 ...
This page was last edited on 12 January 2024, at 22:20 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The new regulations affected Evergrande Group, China's second-largest property developer, and the Chinese real estate market as a whole. [5] In addition, the Chinese shadow banks, such as Sichuan Trust , have been greatly effected by the property sector crisis due to over lending and a crackdown on regulations.
These scenes from China’s latest box-office hit, “Her Story,” have become the talk of Chinese social media, where the comedy is hailed by many female viewers as the country’s answer to ...
China has been one of the fastest growing economies in the world since the implementation of its reform policies in the late 1970s. This economic growth has been accompanied by a rapid increase in income inequality that China's Gini coefficient increased from 0.310 in 1981 to 0.468 in 2018. [1]
Such efforts to level spatial inequality continued during the Great Leap Forward, but the regional inequality persisted. Compared with the 1952 provincial ranking, the richest provinces maintained their top rankings in 1964, while the poorest stayed at the bottom. [102] Spatial disparities among regions persisted from 1963 onward.