Despite the amount of hot funding going around, most Chinese are capital constrained. Small business can't get credit because they don't have the "connections",

Despite the amount of hot funding going around, most Chinese are capital constrained. Small business can't get credit because they don't have the "connections", their books are cooked (no revenue = no tax, but sadly no credit; and businesses that pay tax are uncompetitive), and banks would rather loan to the government or state-owned-entities. Thus, anyone who has the seed money to start a business can do very well, so the "businessmen" (even small ones) make a lot more than the workers.