Zichen Wang
@ZichenWanghere
He/Him. Views PERSONAL. Newsletter @pekingnology on Substack ↓ now part of NON-GOVT @CCG_org. @xhnews Xinhua alum. "过一天,是一天。"
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http://www.pekingnology.com 01-12-2019 22:25:25
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Having identified insufficient domestic consumption, a result of the imbalance in income distribution btwn the corporates & households, as the key challenge to China's economy, Xu Gao charts three scenarios based on potential policies
w/Yuxuan Jia
eastisread.com/p/part-ii-of-x…
Zichen Wang Yuxuan Jia Perhaps a more feasible proposal would be to transfer all SOE shares to the National Social Security Trust Fund. Or the CIC. Irrespective, key is that they pay more dividends. Currently, dividends to the budget are small (0.5percent of GDP). Higher dividends could replace the