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submitted 1 year ago by SeaJ@lemm.ee to c/worldnews@lemmy.ml
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[-] SeaJ@lemm.ee -4 points 1 year ago

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

[-] davel@lemmy.ml 6 points 1 year ago
[-] SeaJ@lemm.ee 2 points 1 year ago* (last edited 1 year 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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