China's wealth distribution is almost as fair as the United States. At least that's what China's official data says.
The Chinese National Bureau of Statistic, or NBS, released the Gini coefficient for 2012 last Friday. It was 0.474. It's above the warning level of 0.4 set by the United Nations. The United States', for comparison, was 0.469 in 2010.
The Gini coefficient is on a scale of zero to one. Zero means wealth is distributed perfectly, and one is where all the wealth belongs to one person. Neither scenario exists in reality, but a level between 0.3 to 0.4 indicates a reasonable distribution of wealth.
[Professor Frank Tian Xie, University of South Carolina Aiken]:
"When everyone sees that the wealth gap in China is growing larger, but the Gini coefficient is lowering, it's easy to tell the latest official is fake, and intentionally faked."
That skepticism was shared on the Chinese Internet. Economist Xu Xiaonian said on his Sina Weibo the official figure was "fake data".
The latest figure also contradicts one put out in December by the Southwestern University of Finance in the city of Chengdu. That survey put the Gini coefficient at 0.61 for 2010—a much worse wealth scenario than officially claimed.
The last time Chinese authorities released this information was back in 2000. Authorities previously said it was too hard to compile the data, because they couldn't track the income of wealthy individuals.
For some reason, that changed—though the NBS did not say how the latest data was compiled.
It's in the Chinese regime's interest to show a reasonable wealth gap. It has been hit with a series of scandals of officials flouting wealth that are way above their pay grade. Just last week, state-run media reported a city-level official in Shaanxi province owns a property portfolio worth more than 16 million US dollars. For 2011, the average urban income in China was less than 4,000 US dollars.
For more news and videos visit ☛ http://ntd.tv
Follow us on Twitter ☛ http://twitter.com/NTDTelevision
Add us on Facebook ☛ http://on.fb.me/s5KV2C
China's Gini Coefficient Shows Questionable Wealth Gap | |
| 774 views views | 12,799 followers |
| 1 Likes | 1 Dislikes |
| News & Politics | Upload TimePublished on 21 Jan 2013 |
| china vs us wealth gap, china average income, china average height, china average salary, china average iq, china average age, china average temperature, china average life expectancy, china average salary 2017, china average household income, china average tariff rate, china average internet speed, china average income 2017, china average gdp, china average temperature by month, china average salary 2018, china average hourly wage, china average marriage age, china average wage per hour, china average working hours, china average weight, , wealth distribution chart, wealth distribution by country, wealth distribution in the world, wealth distribution in the us 2018, wealth distribution definition, wealth distribution in china, wealth distribution in india, wealth distribution strategies, wealth distribution 2018, wealth distribution in mexico, wealth distribution over time, wealth distribution by age, wealth distribution curve, wealth distribution video, wealth distribution by state, wealth distribution in the united states 2018, wealth distribution in california, wealth distribution map, wealth distribution in germany, wealth distribution in france, 基尼指數 排名, 基尼指數 台灣, china gini coefficient, china gini coefficient 2018, china gini coefficient over time, china gini coefficient 1980, china gini coefficient 1978, china gini coefficient 1990, china gini coefficient world bank, china gini coefficient data, china gini coefficient ranking, china gini coefficient 2000, | |
Không có nhận xét nào:
Đăng nhận xét