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China confirms more than 40 per cent of population survived on just US$141 per month in 2019

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[unable to retrieve full-text content]More than 40 per cent of China’s population earned only about 1,000 yuan (US1) per month last year, the top economic data agency confirmed on Monday, setting the stage for further debate over the income gap in the world’s second largest economy.The data, quoted in an abstract of the yet to be published statistical yearbook covering 2019, confirmed the surprising claim made by Chinese Premier Li Keqiang at the end of the National People’s Congress in May.Last year, the bottom 40 per cent of…

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[unable to retrieve full-text content]
More than 40 per cent of China’s population earned only about 1,000 yuan (US$141) per month last year, the top economic data agency confirmed on Monday, setting the stage for further debate over the income gap in the world’s second largest economy.The data, quoted in an abstract of the yet to be published statistical yearbook covering 2019, confirmed the surprising claim made by Chinese Premier Li Keqiang at the end of the National People’s Congress in May.Last year, the bottom 40 per cent of…

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