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To: russwinter who wrote (52803)2/6/2006 8:48:48 AM
From: shades  Read Replies (1) | Respond to of 110194
 
China Govt Report Says Urban Income Gap At Alarming Level

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BEIJING (AP)--The income gap between rich and poor in China's cities has reached an alarming and unreasonable level, the government said Monday according to the official Xinhua News Agency.

According to a report from China's Cabinet-level State Development and Reform Commission, the poorest 20% of urban residents earn just 2.75% of the total urban income, the Xinhua News Agency report said. It didn't give specific income levels or say what percentage of the total was earned by the richest 20%.

"China's urban income gap between rich and poor has widened to an alarming and unreasonable level," Xinhua said, paraphrasing the report.

The report released Sunday said that China's overall income gap was "continually expanding" and that its Gini coefficient, a measure of income equality, had hit 0.4. It gave no breakdown for China's different regions or cities.

The Gini coefficient, named for the early 20th century Italian statistician Corrado Gini, describes a ratio with a range from zero, for perfect equality, to one, indicating that all income is held by one person and everyone else had none.

The closer to zero a country falls, the more evenly income is distributed among residents.

The commission warned in its report that the actual figure may be even higher because people may have underestimated their incomes.

China's leaders have pledged to narrow the income gap for fear it could lead to widespread unrest.


(END) Dow Jones Newswires

February 06, 2006 07:52 ET (12:52 GMT)



To: russwinter who wrote (52803)2/7/2006 7:25:16 AM
From: shades  Respond to of 110194
 
DJ Russia Has Over 400 Organized Criminal Groups -Police

MOSCOW (AP)--Russia has more than 400 organized criminal groups with links to corrupt officials, which have a significant impact on the national economy, a senior police official said Tuesday.

Alexander Yelin, a deputy head of the Interior Ministry department in charge of fighting organized crime, said that each of Russia's 88 provinces has at least one criminal group, and that big cities - the Russian capital in particular - have many.

Organized criminal groups include some 10,000 members, Yelin said at a news conference. "They are linked to corrupt officials and represent a major threat to security of the regions," he said.

About a quarter of the groups have links to foreign criminal clans, Yelin said.

He said his department was increasing efforts to track down financial movements of criminal groups and to expose corrupt officials linked to them.

He said national police had arrested about 80 crime lords last year.


(END) Dow Jones Newswires