China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters
China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters
Zhou Xin
Opinion

Opinion

Zhou Xin

China’s economic future depends on closing its wealth gap otherwise new domestic strategy won’t work

  • China’s new strategy will place a priority on the domestic market to sustain economic growth
  • China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world, meaning a large portion of the population are relatively poor.

China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters
China has 1.4 billion potential consumers, but its wealth gap is among the widest in the world. Photo: Reuters
READ FULL ARTICLE