On Friday, China’s National Bureau of Statistics announced that income inequality in the country exceeds a warning level set by the United Nations.
China’s publication of its Gini coefficient – a widely used measure of economic equity – drew attention for a number of reasons. For one, China has not published its Gini coefficient since 2000. More significantly, China’s figure of 0.47 exceeds a UN-established benchmark of 0.4, indicating an increased risk of social unrest.