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    China to publish sensitive wealth gap data

    Associated Press – Mon, Feb 6, 2012

    BEIJING (AP) — Chinese state media say the government plans to conduct a nationwide income survey to help it calculate a politically sensitive measure of wealth inequality.

    The China Daily newspaper on Tuesday quoted a National Statistics Bureau official as saying the survey will be conducted with help from Canada and the results will be published next year.

    Xie Hongguang says the release of the standarized survey data will pave the way for calculating a wealth-inequality statistic known as the Gini coefficient. The statistic has been released previously for rural but not urban residents.

    The government has promised hefty increases in social spending to help narrow the gap between China's poor majority and an elite who have profited from three decades of economic reform.

     

    13 comments

    • your r nutz
      your r nutz  •  3 mths ago
      are we really going to believe what china government will publish ? hum?
    • Kenneth Langley
      Kenneth Langley  •  3 mths ago
      A lot of wealth spreading around going on in this world now.Really, does anyone believe that wealth will get spread around?And if so do they think it is going to make a difference?Think about it,if the World Economy crashes where is all this wealth gonna come from?
      • MP
        MP 3 mths ago
        get a job or one that pays more, the left think they are entitled to what they don't work for,
      • Grimey
        Grimey 3 mths ago
        You really have to live in those country to really find out what it looks like having struggle so hard despite conquering all the setback (high cost of education), people still could not find the jobs. In many countries, companies looking for people graduate from the Ivy League or top Notch universities, high school, and junior high. Guess who could afford to go, not the poor people. Some people like MP just don't get it
    • George
      George  •  3 mths ago
      US GDP per capita = #10 / $44,000
      China GDP per capita= #100 / $4,100
      Source: World Bank, IMF
      The average Chinese is as poor as those in african countries. +90% live in poverty.
      • Jesse G
        Jesse G 3 mths ago
        George, I agree with the numbers. However, not all things are equal. China still operates on the "company takes care" principle like the coal mines once did in the US. Lots of individual costs are paid for by the company (housing, meals, medical, clothing). The net income is more than you realize. Not as much as in the US, but more than most people think when they hear someone is paid $4,100 per year. We are not comparing apples to apples. I grew up in rural WVa without running water or indoor plumbing. We grew and canned our own vegtables, and hunted squirrels, rabbits, groundhogs, and deer for our meat. Our clothes were mostly hand-me-downs. There was no TV, computer games, or cell phones. In fact we had no phone at all. We had no air conditioning and we heated our homes with wood and coal. China is more advanced than rural WVa was in the 1950's. Our nation has become a country of spoiled brats. Everyone wants to be a manager when what we really need is a lot of workers. Be happy when you are not starving or frezing to death. Sorry for rambling.
      • RayH
        RayH 3 mths ago
        And U.S. is borrowing money from China to survive?

        There are 227 countries and territories in the world, so that means China is ranked in the upper 44 %.
      • RayH
        RayH 3 mths ago
        And the cost of living in U.S. is 6 times of China's. So, factor in the Purchasing Power Parity, U.S. is not too far ahead.
    • Jesse G
      Jesse G  •  3 mths ago
      Not all things are equal. China still operates on the "company takes care" principle like the coal mines once did in the US. Lots of individual costs are paid for by the company (housing, meals, medical, clothing). The net income is more than you realize. Not as much as in the US, but more than most people think when they hear someone is paid $4,100 per year. We are not comparing apples to apples. I grew up in rural WVa without running water or indoor plumbing. We grew and canned our own vegtables, and hunted squirrels, rabbits, groundhogs, and deer for our meat. Our clothes were mostly hand-me-downs. There was no TV, computer games, or cell phones. In fact we had no phone at all. We had no air conditioning and we heated our homes with wood and coal. China is more advanced than rural WVa was in the 1950's. Our nation has become a country of spoiled brats. Everyone wants to be a manager when what we really need is a lot of workers. Be happy when you are not starving or freezing to death. Everything is relative, so it seems. Sorry for rambling.
      • oilfieldworker
        oilfieldworker 3 mths ago
        Large portion of China are definitely operating as a "company town" concept.
    • Ultrabrut1
      Ultrabrut1  •  3 mths ago
      ...In fear of Big Black Dick!!!!
    • George
      George  •  3 mths ago
      The wealthy 1% Chinese all want to leave china to live in America!
    • Jonas
      Jonas  •  3 mths ago
      Bentley,Aston Martin,Bugatti Veyron,Ferrari and Rolls Royce are some of the high end luxury brand cars you can see on the streets of Beijing,Shanghai and most first and second tier cities.
    • Northwest
      Northwest  •  Winter Park, Florida  •  3 mths ago
      Let the lies begin...
    • MP
      MP  •  3 mths ago
      its only the commie left can tax, or i mean confiscate their income. like here in the U.S.
    • oilfieldworker
      oilfieldworker  •  3 mths ago
      I'd be willing to bet the final report never see the light of day. China does not allow social networks because they are afraid it is a means to have too many people connect on sensitive subjects. Any figures that are made public will be slanted towards what the government believes should the the reported numbers.
    • KarlaH
      KarlaH  •  Houston, Texas  •  3 mths ago
      Sounds like OBAMA.............wealth inequality..............THEY'RE IN IT TOGETHER
      to take what we have worked hard for.....when others won't OR don't
      WHAT KIND OF CRAP IS THAT
    • Dummya
      Dummya  •  East St Louis, Illinois  •  3 mths ago
      and to THINK the CAPITALISTIC "PIGS" SUPPORT this COMMUNIST country with THEIR TRADE agreements and POLICIES. what a JOKE!!.
    • annedwards
      annedwards  •  3 mths ago
      Intersting..
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