Beijing will release its own version of a closely watched international inequality index, state media reported on Sunday, becoming the first Chinese city to announce such a plan.Thursday, 29 August, 2013, 4:13am
China released optimistic economic data on Friday, but economists and netizens greeted the figures with scepticism and ridicule.18 Jan 2013 - 3:21pm
China's wealth gap has widened to a level where it is among the world's most unequal nations, a survey has revealed.
China's Gini coefficient, a commonly used measure of inequality, was 0.61 in 2010, the Survey and Research Centre for China Household Finance said, well above what some academics view as the warning line of 0.40.11 Dec 2012 - 4:03am 1 comment
The Johannesburg suburb of Sandton is a real eye-opener. Known among property agents as "Africa's richest square mile", Sandton is the office location of choice for multinational investment banks and brokerages - thanks, in part, to its heavy security.11 Dec 2012 - 3:43am 5 comments
The chasm between China’s rich and poor has widened to alarming levels, according to survey results released by the Survey and Research Centre for China Household Finance.
The survey, released on Sunday, reported a rise in China’s Gini coefficient, a key yardstick of income or wealth inequality, to 0.61 in 2010, the latest year for which there is data on China.25 Dec 2012 - 2:34am 2 comments
The gap between rich and poor in Hong Kong now stands at its widest in at least three decades.
The Census and Statistics Department says the city's Gini coefficient has reached 0.537 based on income data from 2011.20 Jun 2012 - 12:00am
Thesis: China is a ruthless dictatorship that denies its people their basic rights, jails and tortures its critics, destroys its natural environment, rewrites history, manipulates its currency and global trade rules and bullies neighbouring states. Corruption exists at almost every level of officialdom.4 Jan 2012 - 12:00am
The recent political scene in China is odd. First, we have two Politburo members publicly slugging it out over approaches to economic and social development.23 Sep 2011 - 12:00am
Census shows rich-poor divide growing; expert says it will worsen if officials don't act
Hong Kong's widening income gap was brought into sharp focus yesterday by new government figures showing the number of households earning HK$4,000 a month or less has swelled by 80,000 in the past decade, while those on more than HK$40,000 have increased by 100,000.19 Jun 2007 - 12:00am
Five-decade development plan plots paths for all facets of national growth
Beijing yesterday released a large-scale blueprint for the country's sustainable development over the next five decades, setting high goals for nearly every aspect of national growth.12 Feb 2007 - 12:00am