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China’s Growing Wealth Gap

Pinned on October 3, 2013 at 12:29 pm by Admin

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China’s Growing Wealth Gap

It seems like China’s eventual global dominance is inevitable. It’s not: China has some severe problems to solve, if its economy is to eventually surpass ours. For one, the environment there has already become disastrously polluted, threatening food production; for another, after decades of communism, they still haven’t proven that they can innovate and create intellectual capital–rather than simply copying and manufacturing. (One example: Chinese university education still relies on rote memorization.)

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