INCOME DISPARITY IN CHINA: CRISIS WITHIN ECONOMIC MIRACLE: Crisis within Economic Miracle

China has achieved remarkable economic success in the past three decades and has become the second-largest economy in the world after the United States. However, accompanying this rapid economic growth is an increasing income inequality. In recent years, China's income disparity has reached an alarming level, making it one of the countries with the most unequal income distribution in the world.The widening income gap is the root cause of many issues in contemporary China. How should China s...