As China shifts left, the rich get nervous

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China's Gini coefficient, which measures income gap, remains high at between 0.46 and 0.47 (with 0 being complete equality and 1 complete inequality). The country's wealth gap is even higher at 0.7, with its richest 1 per cent holding 30 per cent of the country's total wealth

when the fruits of economic development are excessively concentrated in a small number of people, the masses will lose the incentive to keep striving for a better life....Earlier this year, a new phenomenon of tangping, or "lying flat", surfaced, in which young people choose to step off the rat race and live a minimalist life.

Qn: 'Life is about competition. Winning is the goal.'