Wealth Disparity and Governance in China

This chapter examines the historical evolution of wealth distribution in China, from the Mao era's equality to the contemporary wealth gap under capitalism. It analyzes the Chinese Communist Party's attempts to balance middle-class concerns and regulate extreme wealth, alongside the risks of stifling economic growth through overreach. The discussion further explores geopolitical dynamics, leadership transitions, and China's regional relationships amidst these economic and political challenges.