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12.10.2012 15:44

China's Gini Index at 0.61, University Report Says

Figure is rare compared to other countries, researchers from Chengdu say, but rapidly developing nations are prone to high scores
By staff reporter Shen Hu

(Beijing) – China's Gini coefficient has reached a shockingly high level as its wealth gap grows, a recent academic report said, calling attention to the equality indicator that the government has not tracked for years. 

The coefficient was 0.61 for 2010, the report by the Chinese Household Finance Survey Center of Chengdu's Southwestern University of Finance and Economics said. The report was released on December 9.

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