Towards a Reconstitution of Class Power?
On 9 June 2004 a certain Mr Wang purchased a $900,000 Maybech
ultra-luxury sedan from Daimler Chrysler in Beijing. The market
in luxury cars of this sort is, apparently, quite brisk. The inference
is that ‘a few Chinese families have accumulated extraordinary
wealth’.
45
Further down the car status-ranking, China is now the
largest market in the world for Mercedes-Benz cars. Somebody,
somewhere and somehow, is getting very rich.
Though China may have one of the world’s fastest-growing
economies it has also become one of its most unequal societies
(Figure 5.2). The bene
fits of growth ‘have been bestowed mainly
on urban residents and government and party o
fficials. In the past
five years, the income divide between the urban rich and the rural
poor has widened so sharply that some studies now compare
China’s social cleavage unfavourably with Africa’s poorest
nations.’
46
Social inequality was never eradicated in the revolution-
ary era. The di
fferentiation between town and country was even
written into law. But with reform, writes Wang, ‘this structural
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