WEALTH GAP CAUSES INFERIORITY

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(1207 CR M13)WEALTH GAP CAUSES INFERIORITY DATELINE: Dec. 7, 2010 LENGTH: 0:01:13 FILE VO A recent survey found that China's wealth gap problem has caused many people to get an inferiority complex. Despite China's economy increasing at a fast rate! A Beijing-based magazine, the People's Tribune, polled about 6,200 people belonging to various social status. It found 58 percent of white-collar workers and 55 percent of intellectuals felt "powerless" due to the ever widening income gap. In addition, 37 percent of respondents said they were "overwhelmed" by pressure, while 29 percent said unfair competition made them feel deprived. A professor of Chinese Academy of Social Sciences explains the causes of the phenomenon. He says quote: "Chinese people have long been accustomed to an egalitarian distribution of wealth from the time of the planned economy. While the reform and opening-up has made everyone better off, it has also widened the income gap. So, more people perceive their Powered by www.newslook.com Producer : Xinhua News Agency

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