Income inequality in China: two contradictory statistics

Reading Time:

A chart from this IMF working paper shows that looking at the popular "Income share of the top 1%" metric can be misleading. By that statistic, China looks like one of the most equal countries in the world. In fact, it is one of the most unequal countries, in terms of pre-tax income

Earlier related posts:

GDP growth in Europe - 2016 forecasts

A nice chart from The Economist shows that Finland is projected to recover from its recession, and Sweden is expected to do as well as many...

The UK & EU have a deal

What's inside? European Council conclusions, 18-19 February 2016 Tusk and Cameron briefings: multiple videos David Cameron's statement (at 1:20: "I do not love Brussels,...