University of Michigan researchers: Income inequality has been rising rapidly in China and now surpasses that of the U.S. by a large margin
SWANBROW Diane
ANN ARBOR—Income inequality has been rising rapidly in China and now surpasses that of the U.S. by a large margin, University of Michigan researchers say.
That is the key finding of their study based on newly available survey data collected by several Chinese universities.
“Income inequality in today’s China is among the highest in the world, especially in comparison to countries with comparable or higher standards of living,” said Yu Xie, a U-M sociologist.
Xie, a researcher with the U-M Institute for Social Research, is co-author with U-M graduate student Xiang Zhou of an article published online this week in the Proceedings of the National Academy of Sciences.
The researchers based their main analyses on data from the China Family Panel Studies, a large-scale survey project conducted by Peking University’s Institute of Social Science Survey. The project represents about 95 percent of the Chinese population in 25 provinces in mainland China. The work was started in 2010 in collaboration with U-M’s ISR (a formal partnership between the two institutes was established in 2005, with an emphasis on quantitative social science methods).