specifically, the weak demand in the global market and elevated industry inventories with slowdown of de-stocking. In addition, fierce competition within the industry resulted in dropping average capacity utilization. Capacity utilition
China’s Gini coefficient in 1953 was 0.558[2]. Initiallyafter the new government took over the economy, China’s economic landscape,income distribution and income gaps were left over from the old China. In thissense, the huge income gaps are understandable. ...
China’slong-term economic transition and development have transformed its incomedistribution pattern. On one hand, income gaps have been widening between urbanand rural areas, different regions, sectors, occupations and groups of people.On the other, changes have occurred in the standards, principles...