China In Context

How does the Communist Party view China’s wealth inequality?

July 20, 2022 SOAS China Institute Season 2 Episode 74
China In Context
How does the Communist Party view China’s wealth inequality?
Show Notes

China is a land of contradictions. This shows up in a stark gap between rich and poor, which is evident through the contrast between conspicuous consumption in the big cities and the much more basic way of life in the countryside. In fact, even though it may not feel like it, the wealth gap is gradually narrowing. But is this down to government policy? And does the resentment caused by inequality present a potential threat to political stability? Professor Steve Tsang, Director of the SOAS China Institute, offers his analysis of the situation, in conversation with podcast host, Duncan Bartlett.