China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP
China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP

China economy

Economy /  China Economy

Is China rich or poor? Nation’s wealth debate muddied by conflicting government data

  • Premier Li Keqiang said this week that China has 600 million people with a monthly income of 1,000 yuan (US$140), stoking ongoing debate about China’s wealth
  • Alternative government data sets have painted a different picture, with one saying urban households have on average on 3.2 million yuan in assets

Topic |   China economy
Zhou Xin
Zhou Xin

Updated: 8:34pm, 29 May, 2020

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China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP
China has one of the world’s widest wealth gaps and a severe divide between rural and urban areas. Photo: AFP
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