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submitted 10 months ago by SeaJ@lemm.ee to c/worldnews@lemmy.ml
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[-] SeaJ@lemm.ee -4 points 10 months ago

Median would definitely give a more realistic picture considering how bad wealth inequality is in China.

[-] davel@lemmy.ml 6 points 10 months ago
[-] SeaJ@lemm.ee 2 points 10 months ago* (last edited 10 months ago)

The Gini coefficient is the one that measures income inequality. China's is roughly where the US is at in that measure which is to say extremely unequal at around 47:

https://web.archive.org/web/20240211041900/https://www.economist.com/finance-and-economics/2021/10/02/just-how-dickensian-is-china

this post was submitted on 22 Feb 2024
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