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Poverty line

Hong Kong plans to set its first official poverty line in 2013. The threshold will be decided by a panel of experts at the Commission on Poverty but is expected to be set at half of the median household income.

Women chat at the Cheung Chau harbourfront. Hong Kong is a microcosm of the grossly unequal reality we see globally, with the richest 10 per cent of the city’s households earning 29 times more than the poorest 10 per cent. Photo: AFP

Hong Kong must strive to be a fairer society

Eight – just eight – men own as much as the poorest half of the world, according to Oxfam’s latest inequality report, “An economy for the 99 per cent”.

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