China income inequality : Chinatopix

China income inequality

China's Richest Families Own a Third of Country's Wealth, Says New Study

Jan 18, 2016 07:06 AM EST

A recent survey undertaken by Peking University's Institute of Social Science has revealed that China has one of the world's highest levels of income inequality.

Rich-Poor Gap In China One Of The Widest In The World: IMF

Vittorio Hernandez |

Mar 28, 2015 10:16 PM EDT

China has about 2.4 million households that are classified as millionaires. That makes the Asian giant the most millionaires, except for the U.S.

Income inequality has grown rapidly n China since Deng's market reforms of 1978.

Income Inequality Gap Large and Growing in China, Economic Researchers Say

Dan Weisman |

Aug 21, 2014 08:27 PM EDT

It's Aug. 20, 2014 and new economic data from various sources indicates income inequality in China is greater even than in the U.S. and growing rapidly. Economists point to a large urban-rural disparity and regional differences to be a primary factor in China while family differences and racial-ethnic makeup are primary factors in the U.S.