THERE is much international interest in China’s economy, because of its remarkable growth over the past quarter century. Recently, attention has also focussed on the fact that this growth has been associated with significant increases in inequality in both income and wealth distribution, which were relatively low during the central planning period.
Two new reports also focus specifically on this issue of inequality in China, and provide important new information on recent patterns in this regard. The recently released China Human Development Report 2005 of the UNDP in Beijing (which is prepared mostly by Chinese economists) has as its theme the issue of inequality in economic and human development indicators. And the OECD has just come out with a report on income disparities in China, as part of its series on China in the Global Economy.



