Surprise!  Prosperity in China is just like prosperity everywhere else.

GUANGZHOU, China, Jan. 11 — Guangzhou, the chaotic export capital in southern China, appeared to hit a major Chinese milestone this month, becoming the country’s first city to reach a per capita income of $10,000 — more than five times the nationwide figure and a rough threshold for becoming a “developed” country.

…

The Communist Party is forever trying to focus the expectations of the Chinese people on a better, if distant, future where everyone is more affluent and where China is a true modern nation. Yet cities like Guangzhou and nearby Shenzhen, which have already begun to taste real prosperity, are learning how new wealth can bring new problems and not always solve the old ones. As incomes have risen in Guangzhou, so have crime, traffic and inequality.

Inequality.  Now there is a major problem.  Imagine how much better it was when everyone was equally poor and insignificant.  Ah, those were the days.

• Top Chinese Diplomat Tells U.S. To ‘Shut Up’ on Arms Spending
• Market correction or reaction to The Maestro?
• I guess the Huntsville Times will print anything
• I didn’t see this coming
• Did China field underage gymnasts?

This entry was posted by Brian on Monday, January 15th, 2007 at 5:18 pm and is filed under Communism/Socialism. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site. Please note the copyright policy.