China Faces Widest Wealth Gap Since 1978

New Data Heightens Fears of Social Unrest

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BEIJING (AdAgeChina.com) -- The wealth gap between urban and rural Chinese continues to increase, renewing concerns among Chinese leaders that the disparity could lead to social unrest. The per capita income of urban Chinese averaged RMB 17,175 ($2,515) last year, compared to RMB 5,153 ($754) in the countryside, a ratio of 3.33 to 1, according to the National Bureau of Statistics. That's the widest gap since China reformed its economic policies in 1978. Most of China's economic prosperity is found on the eastern seaboard, while the rural interior has lagged.
Source: AFP


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