Cake theory

Cake theory (simplified Chinese: 蛋糕论; traditional Chinese: 蛋糕論; pinyin: dàngāo lùn) is a metaphor about economic development and the redistribution of wealth in the political discourse of China. It emerged in 2010 as problems with an increased wealth gap became gradually more apparent. If economic development is seen as analogous to baking a cake, one side of the debate suggests that development should focus on "dividing the cake more fairly", while the other says development should be focused on "baking a bigger cake".