According to the latest Outlook Weekly, [1] the Gini coefficient [2] of China is growing up to 0.47, which is above the international warning line and much higher than that of most developing countries. It means the income gap between urban and rural residents is getting wider. Chenyuan26 [zh] [3] thinks that the reason behind it is more about the shortcomings of current political system and social management in China.
China: Country with the world's biggest income gap
· Written by George Sun
Categories: East Asia, China, Development, Economics & Business, Governance