Income disparity getting worse: Report
By Xin Zhiming | China Daily | Updated: 2007-08-09 07:25
China's Gini coefficient, a standard measure of a country's overall income inequality, rose to 0.473 in 2004 from 0.4 in 1993, according to a report by the Asia Development Bank (ADB) released yesterday.
It is the latest figure for assessing income disparities and crosses the international warning line of 0.4.
A coefficient of between 0.3 and 0.4 is generally deemed normal, but the larger it is, the more serious the inequality.
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