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Economy

Rising inequality imperils China's push for 'quality' growth

Growing wealth gap also breeds public dissatisfaction toward government

China hopes to make consumption, rather than investment, the main driver of economic growth.   © Reuters

BEIJING -- Incomes in China are growing more unequal as rising asset prices have primarily benefited top earners, fueling social resentment and threatening efforts to have consumption take over the role of top economic driver from investment.

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