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

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
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
READ FULL ARTICLE