We were at school together scold lick the sun also rises essay offended distress According to a 2012 report, China has 2.7 million U.S. dollar millionaires and 251 billionaires. Meanwhile, United Nations data from this year shows 12 percent of its people live on less than $1.25 per day. Even though the Chinese government has plans to reform taxes, banking and the household registration system in a bid to reduce the increasing wealth gap, experts speculate that the road to narrowing this gap will be rocky.