However, both are plagued by inequalities of wealth. According to the World Bank, China's Gini index score dropped from 43.7 in 2010 to 35.7 in 2021, which was still high. The Gini index is a ...

In 2022, mainland China was home to 115,580 ultra high net worth families, meaning they own 100 million ¥ (Yuan) (£11.2 million) or more of assets (Source: Hurun China Wealth Report, 2022).

China’s wealthiest individuals ... suggesting that the income and wealth gaps were holding back spending. The growing inequality was reflected in the national Gini coefficient, which was 0. ...

Not everyone has benefited from economic change in China. Today there is a very small ... inequality within a country is measured by the Gini index. Its score (the ‘Gini coefficient ...