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> Moreover, inequality now is extremely high, and growth is decelerating. China has less wealth inequality than the United States, yet is growing substantially
by Aunche 6y ago
> Moreover, inequality now is extremely high, and growth is decelerating. China has less wealth inequality than the United States, yet is growing substantially faster.
Growth is a second derivative. Income inequality is a function of first derivatives. You can't directly compare the two. If I had to guess, China's wealth inequality in China is growing at a much faster rate than that of the US.