Tuesday, February 14, 2017

"While the average income in the country remains between 3 and 4 times lower than in Europe or in North America, the richest 10% of the Chinese population – or some 130 million persons all the same – do have an average disposable income equivalent to that of the rich countries."

"the share of the poorest 50% in the national income in China fell from 28% to 15% between 1978 and 2015, while the income of the 10% richest rose from 26% to 41%"

And" the share of public capital constituted 70% of national capital in 1978, and has stabilised around 30% since 2006, "