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China's Extreme Inequality

Pekingology

CHAPTER

China's Socialist Dilemma: Tackling Extreme Inequality

Exploring the paradoxical nature of extreme inequality in China despite socialist ideology, this chapter examines historical, political, and economic factors contributing to the issue. It raises questions on the absence of income redistribution, governmental reluctance towards welfare state creation, and the impact of socialist narratives on the country's socio-economic structures.

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