China and Korea's Bold Moves to Combat Income Inequality Revealed
The article compares how China and Korea are dealing with income inequality. Both countries have been working on redistributing money to help reduce the gap between rich and poor. Korea is more focused on this issue than China. China helps low-income earners by giving them support and reducing their taxes. Korea, on the other hand, is targeting high-income earners by introducing new social benefits and taxing the rich more.