China May Delay Plan to Reform Income Distribution, Caijing Says

China May Delay Plan to Reform Income Distribution, Caijing Says

Tomohiro Ohsumi/Bloomberg

China’s wealth gap is now 50 percent higher than a risk level for social unrest, according to a study by the Survey and Research Center for China Household Finance, a body set up by the Finance Research Institute of the People’s Bank of China and Southwestern University of Finance and Economics.