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Published online by Cambridge University Press: 07 May 2025
Do the economic policies or the “business model” adopted by China and India necessarily aggravate inequalities in income and wealth distribution, and thus exacerbate social contradictions? While not providing a definitive answer, the article examines a wide range of quantitative data on wealth, poverty and inequality in the two counties, noting the rising concentration of income and wealth, the trends in poverty, inequality, employment and unemployment, and the nature and extent of social unrest. It also, however poses methodological issues including the comparability of Chinese, Indian and international data. The author outlines a feasible alternative centred on development with equity.