The recovery in China is two-speed, strongly favoring the better off.
Sun You & Yuan Yang give great details.
But why, despite all its rhetoric, is Beijing not counter-steering to boost low incomes? Even USA was actually doing better on that score! WAS!
ft.com/content/e0e294… https://t.co/EQ0BZu6cgd
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…