askchapo

I’m in the middle of something so I don’t have time for a longer more detailed response, but first thanks for your response.

That said, wealth inequality is not rising in China, the Gini coefficient is dropping, and rather rapidly at that.

https://data.worldbank.org/indicator/SI.POV.GINI?locations=CN

40% of workers work in state owned industries last I checked, and even those in non-directly owned industries often have workers councils and profit sharing, such as Huawei where employees made on average more last year in profit sharing than I did in my US labor aristocrat job in the entire year.

They’ve clearly outlined their development as prioritizing development of productive forces to enable transition to socialist economics more broadly, and nearly every action they take, from the rooting out of corruption and party opulence, to the mass automation of industry, and the prevention of the rising of a landlord class, have been in service of that. Their goals are clearly stated in mandarin media, but you can also just look at Governance of China Vol 1-3(not a small ask, I know) and see their plans laid out plainly and openly, to transition to a fully socialist economy by 2049.

If I have time later I’ll add more sources and I hope you have a great day. You are much kinder than the average IMT member I’ve interacted with in the past.

Edit: real quick, making low wages isn’t that important when PPP is so amazing. My wife works at IKEA, and her ~¥30/hr wage is able to buy about the same quality of life as my $29USD/hr job, though it would not do so in Beijing, or other tier one cities.