From AP:
China’s President Hu Jintao said Sunday that it will be vital in 2007 for his government to spread the country’s growing wealth among its have-nots, in a New Year’s speech that also toned down the rhetoric against rival Taiwan.
Hu’s New Year’s speech last year included an admonishment against those who seek Taiwan’s formal independence.
China’s booming economic growth in the last several decades has pulled hundreds of millions out of poverty, but a growing wealth gap in recent years has exposed cracks that Hu and his government have acknowledged threatens social stability. [Full Text]
