China is wrestling with a novel phenomenon: inherited wealth

(economist.com)

11 points | by Jiahang 17 hours ago ago

3 comments

  • esperent 14 hours ago ago

    I thought this was going to be an interesting take on how to prevent all the wealth from being passed down within families. But no, it's just about China becoming more like the west here. Generational wealth; the rich, and their children, get richer. Everyone else stays poor. There must be a better way.

    • lava_pidgeon 14 hours ago ago

      Heritad privileges are a thing in China before. Look at the president who is the son of a (fallen) high politician.

  • JohnnyLarue 12 hours ago ago

    [dead]