China Warehouse- More Than Crockery Message Board

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Strategies & Market Trends : China Warehouse- More Than Crockery

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To: RealMuLan who wrote (2714)	2/26/2004 3:36:50 PM
From: RealMuLan	Read Replies (1) of 6370

China says the wealth gap between its urban and rural citizens is now one of the largest in the world. A new survey by the Chinese Academy of Social Sciences found that in 2002 urban residents earned three times more than their rural counterparts. It is an issue that has been in the spotlight lately. But the man in charge of the study, Li Shi, says even the new figures do not paint a true picture of the disparity which he claims is even wider. Farmers pay their own health care and education costs, meaning their real incomes are a sixth of China's urban residents. An academic quoted by the official Xinhua news agency also blamed biased government policies against farmers and heavy taxation. Uncomfortable reading ... news.bbc.co.uk

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