China's 1% Problem

China's 1% Problem

Two news items this week remind us that there is nothing classless or egalitarian about the political machine ruling the most populous nation: the sentencing of Bo Xilai’s wife, and hints that China’s wealth gap is bigger than anyone thought. Both are more intertwined than meets the eye and show China has a 1 percent problem that is holding back the other 99 percent.

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