The World Bank estimates that China's Gini coefficient—a measure of the inequality of income distribution in a society (0 being perfect equality and 100 being complete inequality)—rose from 28.8 in ...
Its score (the ‘Gini coefficient’) summarises this level of inequality. A score above 40 means inequality is high. In 2021, China’s Gini coefficient was 46.6 (Source: Statista). This ...
But the majority of countries are bunched around a Gini of 40. Today, the United States, China, and Russia all have Ginis in the low to mid-40s. Most African and Latin American countries have Gini ...
China’s wealthiest individuals continue to grow richer, widening economic inequalities in the country despite the ruling Communist Party’s efforts to control private businesses and implement policies ...