Home / Business / News Tools: Save | Print | E-mail | Most Read | Comment
Projected Gini Coefficient Indicates Widening Wealth Gap
Adjust font size:

China's Gini coefficient is estimated to rise from 40.7 in 1993 to 47.3 in 2004 in China, which means that its wealth gap has been increasing, according to Key Indicators 2007 released Wednesday by the Asian Development Bank (ADB).

 

"This is the latest estimation of China's Gini coefficient," said ADB chief economist Ifzal Ali.

 

The indicators, mainly concerning inequality in Asia, showed that the rich are getting richer and the poor getting poorer in this region.

 

(Xinhua News Agency August 8, 2007)

 

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
- Top Economists Interpret Income Gap Widening
- China Suffers Widening Income Gap
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?