What s Driving Xi Jinping s Economic Revamp? China s Social Mobility Has Stalled – WSJ

China s extraordinary economic rise planted a belief in the country that just about anyone can succeed if they work hard a key component of Xi Jinping s China Dream.

For more and more Chinese, however, that is no longer true.

Academic research and data show that as China s economy matures, more of the best opportunities have been accruing to the children of wealthy and politically connected elites. Children from poorer or rural families are finding it harder to get ahead.

via www.wsj.com

Sounds like the US.