Index & Notes |
Income Distribution, China, India, US, others 2000
...towards a two-mode split with one group around $9000 per year, another down around $2500, and some rural farmers still forming a slight left bulge under $1000, that's less than $3/day. But consider the jump they've made since 1990 to 2000, and that it's sped up if anything in this decade, the 2008 figure probably has that higher-income group approaching the US middle income mode...and there are hundreds of millions of Chinese in that group. So much for Communism.
© Roy Brander, P.Eng 2008