How are things in state-controlled capitalism like China different from those in Western crony capitalism? It seems that as far as corruption, speculation and income disparity go, not so much.
From Market Watch:
China's income gap is far wider than official statistics suggest, underscoring a serious social threat that demands action.
What are actual income levels for Chinese households? How wide is the nation's income gap?
Official statistics in 2008 said China's annual per capita income was less than 16,000 yuan ($2,363). Households with the highest incomes accounted for 10% of the total population, with these annual disposable incomes averaging less than 44,000 yuan.
But do these figures reflect the real income situation of Chinese people?
http://www.marketwatch.com/story/shedding-light-on-chinas-shadow-income-2010-08-13?siteid=rss&rss=1
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