Finding Solutions to China's Income Inequality

Christopher Balding, associate professor of business and economics at Peking University HSBC Business School, discusses China's social stability, how the move to a service-led economy is leading to income inequality and how the government is responding to the issue. He speaks to Bloomberg's Angie Lau and Stephen Engle on "Trending Business." (Source: Bloomberg)

Professor Gan Li Says Income Equality Bad for China
31:51 - Investors are looking ahead to this highly anticipated and potentially controversial report on households in China. Some say the study, which is led by Southwestern University Professor Gan Li, has fundamentally changed the way one should think about the Chinese economy. Bloomberg's Tom Mackenzie spoke to the economist, uncovering some uncomfortable truths. (Source: Bloomberg)
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