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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Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.