Unlike the West, China used globalization to benefit its people

Read Hanne’s The Herland Report.

If you compare China and the United States, both countries reaped immense wealth during the globalization boom from the late 1980s, yet only one country saw that wealth uplifted its broader population. China’s GDP grew 10 times, and its median income grew about eight times. America’s GDP grew four or five times, but from a much larger base. Yet, what is peculiar is that the American median income has been dropping and dropping. Where has all the money gone?