gini coefficient

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China’s Richest Man: Wealth Gap Not a Priority

China’s richest man, Wahaha beverage tycoon Zong Qinghou, proposes tax cuts and monopoly break-ups to reverse slowing economic growth which has alarmed many observers. From Bloomberg “Economic growth will slow down again...

On The Web, A Tale of Two Chinas

After last week’s announcement by the National Bureau of Statistics that income equality had reached potentially destabilizing levels, Tea Leaf Nation’s Eli Binder explores whether Internet penetration corresponds...

China Lets Gini Out of the Bottle

China has not made its Gini coefficient public since 2000. The Gini coefficient is a measure of income inequality, ranging from 0, or perfect equality, to 1, or perfect inequality. A figure above 0.4 is widely believed to...

CDT Money: Uncertainty Looms in 2013

November data has reinforced the cautious optimism that began to creep into the Chinese economy in September, as factory output and retail sales reached eight-month highs and inflation remained under control. Not all signs...

Inequality, Unemployment Higher Than Expected

A new survey suggests that China’s Gini coefficient—a measure of inequality—is far higher than either other recent estimates or the 0.4 mark often said to represent potentially destabilising inequality. China has not...

Wealth, Power Inequality Hang Over Party Congress

In his address to the assembled 18th Party Congress on Thursday, president and Party general secretary Hu Jintao stressed the importance of battling corruption. A survey conducted by China Youth Daily last week, though, showed...

China Richer But Not Happier

At American Public Media’s Marketplace, Kai Ryssdal and Rob Schmitz discuss a recent study from the University of Southern California which suggested that rising incomes in China are failing to bring greater happiness to...

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