Chinas income gap widens The income gap has widened in China. In 2014, the pay of workers
Question:
China’s income gap widens The income gap has widened in China. In 2014, the pay of workers in the coastal regions increased by 9.7 percent while that of workers in the inland regions grew by 9 percent.
Source: South China Morning Post, May 28, 2015 Explain how the distribution of personal income in China can be getting more unequal even though the poorest are getting richer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essential Foundations Of Economics
ISBN: 9781786633255
8th Edition
Authors: Robin Bade, Michael Parkin
Question Posted: