You must log in or register to comment.
The Economist is preparing an opinion piece about how this is bad as we speak.
Looking at this graph, this may just be a case of the spike during COVID subsiding.
It looks like the role of private sector is also shrinking in the economy https://www.piie.com/research/piie-charts/2024/chinas-private-sector-has-lost-ground-state-sector-has-gained-share-among
Sometimes I see statements on the internet that in China “2% of all the people own 98% of the wealth” (uncited stat of course), I wonder what they’d think of this.
YAY
