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China must urgently deal with the issue of the country’s wealth inequality as letting it fester could put the goal of achieving common prosperity in danger and undermine faith in the government among the impoverished and young people who lack hope for the future.

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China , United States , Cai Fang , Jiangxi , George Magnus , Deng Xiaoping , Thomas Piketty , People Bank , President Xi Jinping , More Slogan , Economy , Inequality , Redistribution , Common Prosperity , Xi Jinping , Excessive Wealth , Property Tax , Poverty , Sibao , Social Safety Net , Gini Coefficient , Lying Flat , Yang Ping ,

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