Monthly Archives: May 2014

War on Pollution is hurting GDP

Some have estimated that China’s economic growth might be close to zero if considering the amount of damage it has done on the environment. In another word, these GDP numbers are mostly illusions about economic development. Earlier in this blog, we … Continue reading

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Poverty, Inequality and Stability

By Yiping Fang A recent new item at Bloomberg states, that,  The income gap between rich and poor in China has now surpassed that of the United States. A common measure of income inequality almost doubled in China between 1980 … Continue reading

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