Daily Memo: China’s Growing Wealth Gap

The divide between the wealthy coastal regions and the rest of the country is getting wider.

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Inequalities in China. Beijing’s never-ending quest to address gaping wealth divides between China’s powerhouse coastal regions and the rest of the country is moving backward. As has been the case across much of the world, the pandemic deepened inequalities in China. In the first half of this year, the five coastal provinces stretching from Shanghai […]

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