Jonathan Watts: In China’s richest village, peasants are all shareholders now – by order of the party
From the Guardian: Elsewhere in the country, the annual average disposable income of urban dwellers only recently passed $1,000 (about ¬£530). In the countryside, the figure is two thirds lower. But Huaxi’s residents get a yearly salary of $1,500, a bonus of $10,000 and dividends of $25,000. Twenty years ago, most were farmers living in […]
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