From the China Spectator:
China’s inequality story received only scant attention in Thomas Piketty’s monumental new book, Capital in the Twenty-First Century. Piketty drew data mostly from sources in France, Britain, the United States and, to a lesser extent, Germany, Canada, Japan, Italy and Australia. These are all countries that have large quantities of capital and long histories of capital accumulation…. Wang Feng is professor of sociology at the University of California, Irvine.

For the full story, please visit http://www.businessspectator.com.au/article/2014/6/25/china/capital-twen....