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Yoshida in China: Gap between rich, poor grows wider

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PBeloved
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re: Yoshida in China: Gap between rich, poor grows wider
PBeloved   9/20/2012 12:33:35 PM
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What was this stat 10 years ago?

chanj0
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re: Yoshida in China: Gap between rich, poor grows wider
chanj0   8/23/2012 3:35:09 AM
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Income gap is a tough topic. The Gini index might show US and China be around the number. Nonetheless, I believe there are more Chineses suffering than Americans. There is no doubt there are a lot of challenges in front of China government. Although the article isn't related to technology, we'd better keep our ears up. Whatever happens in China will likely affect the rest of the world. They are the biggest manufacturers after all.

chanj0
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re: Yoshida in China: Gap between rich, poor grows wider
chanj0   8/23/2012 3:28:26 AM
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Due to historical reason, the primary transportation mean is self own vehicle. In another part of the world, if there are so many people being transport from point A to point B, public transportation is a necessity. Imagine if 75% of Chinese own a car, how wide and many road government has to build.

sprite0022
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re: Yoshida in China: Gap between rich, poor grows wider
sprite0022   8/23/2012 12:40:56 AM
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yeah, right, hint: the key is balance, it's cool to relax a little bit and earn some easy dollars. just like samsung can emulate a couple of competitors tricks, but don't got too far, or you ll get biten.

nosubject
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re: Yoshida in China: Gap between rich, poor grows wider
nosubject   8/22/2012 3:17:45 PM
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From engineering point of view, maybe politically incorrect, there are two ways to reduce the Gini. OptionA: Overthrow the government, lead the nation into war, put everybody back to poverty. Gini index reduced. Example: Iraq OptionB: Gradually moving/changing the government to adapt to the growth of the middle class. Raise a healthy and good middle class. Example: Sweden, Denmark, etc. Which option do you want China choose as a country?

junko.yoshida
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re: Yoshida in China: Gap between rich, poor grows wider
junko.yoshida   8/22/2012 1:02:36 PM
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Thanks for your advice. Our plan is to do both: original reporting/interviews and finding relevant information (data points) reported elsewhere to help us understand the background. One can form an opinion about China based on anecdotes, but when the subject -- in this case -- is as complex as China, you need both good interviews and background stats to back it up. Don't worry, I am heading to China again shortly.

elctrnx_lyf
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re: Yoshida in China: Gap between rich, poor grows wider
elctrnx_lyf   8/22/2012 8:35:16 AM
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This gap is on the increasing trend in most of the developing nations without the right governance. The population is also another factor to widen this gap.

xingfenzhen
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re: Yoshida in China: Gap between rich, poor grows wider
xingfenzhen   8/22/2012 2:25:27 AM
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Indeed, the question is how to go about that. This coming fall two major tax / budget legislation will be passed. (They are currently in drafting stages) It details will determine the way China will go forward. I'm personally hope they go the reduce VAT and impose property tax route, the will remove the strange situation of goods cost more to down the domestic Chinese distribution chain than the international distribution chain and having the added benefit of curbing real estate speculation. However, it would have overcome the power real estate interest the permeate all levels of Chinese government and business right now. (There was a joke that all business deals in China is just a real estate deal in disguise, which unfortunately might not be far from the truth.)

sprite0022
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re: Yoshida in China: Gap between rich, poor grows wider
sprite0022   8/22/2012 12:17:58 AM
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hey Junko, i think these type of macro economy/social topic is slightly beyond your capacity. you should focus your energy in writing some more original and 1st hand interviews instead of copy and pasting from internet (yeah, not exactly, with some re-processing). otherwise I would suggest your boss cut your post and let you enjoy your blogging.

_hm
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re: Yoshida in China: Gap between rich, poor grows wider
_hm   8/21/2012 11:30:21 PM
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Chinese Government observes this very closely and helps people with less income in many different way. China will have very good growth and most people will gain from this.

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