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Since January, China has recorded more than 81,000 cases of COVID-19 and at least 3200 deaths, mostly in and around the city of Wuhan, in central Hubei province, where the outbreak first started ...
How about a war on income inequality. ... To mitigate the difficulties of lower-income Americans, China should share with the US its experience in lifting more than 700 million Chinese from poverty.
China; China Beat Back Covid-19, but It’s Come at a Cost—Growing Inequality As more lower-income families struggle with the pandemic’s ripple effects, the widening gap between rich and poor ...
An examination of World Bank data shows that the income gap in China is not as wide as in the U.S., but inequality is worse than in many other major economies, including France, Japan, India, and ...
After China’s recent great success in eliminating absolute poverty, addressing relative income inequality becomes a more important issue. This survey finds that income inequality rapidly increased in ...
Once that supply is exhausted, unskilled wages begin to rise (in relation to skilled wages), and inequality goes down. That China should have seen a rise in inequality when it did is therefore in some ...
China’s Gini coefficient, which measures inequality, has decreased significantly since the 2000s, but continues to hover above 0.46, which by international standards signals a high level of ...
China’s stark income inequality further belies state-led narratives about the eradication of poverty. The income gap between Shanghai and Xinjiang grew from 13,506 yuan in 2013 to 24,376 yuan in ...
Income inequality in the country is wide -- the richest 20% earn more than 10 times poorest 20% -- and hasn’t budged since 2015. Home BTV+ Market Data Opinion Audio Originals Magazine Events News ...
China’s push for “common prosperity” is not just about taxing the rich but also directing resources into rural areas and the lower-income group, according to one of the country’s most ...