Hmmm.....I can't disagree with the contents of the post. Yet I think it is a piece written to distract from the issues facing our own nation by doing an implicit juxtaposition between China and the U.S.
I am of the opinion that we should spend less time denigrating others and more time having open and honest discussion AND reporting of the issues facing us here in the U.S. Pointing out issues and flaws in others in now way helps fix the flaws in ourselves.
CNN is just reporting on a paper published by the Hurun Research Institute and the Bank of China. That isn't "denigrating" anything, it's reporting a story, which given the source (not CNN, but Bank of China) is probably pretty factual.
I am of the opinion that we should spend less time denigrating others and more time having open and honest discussion AND reporting of the issues facing us here in the U.S. Pointing out issues and flaws in others in now way helps fix the flaws in ourselves.