Tag: Gini coefficient

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Government Proposal Aims to Narrow Economic Divide

Last month, the Chinese government made the country’s official gini coefficient public for the first time since 2000. The official number, which measures the level of economic inequality in a society on a scale of 0 to 1, was a moderate .474 in 2012. However, other surveys have found China’s gini coefficient to be at a more alarming level of .61. Now, many are questioning the accuracy o