The paradox of prosperity

An economist looks at how improved material wealth coincides with rising inequality and gives special attention to China's role in the global economy, Andrew Moody reports in London.

Douglas McWilliams believes China is a classic case of the paradox at the heart of the global economy.

Although it has delivered 800 million out of poverty in the past 40 years, the gap between rich and poor has also grown, something the Chinese government is very determined to address.