Nearly 90% of the foreign investment inflows into Chinese equity markets in 2023 has been withdrawn as sentiment crumbles and investors losing confidence in major Chinese institutions.

[Edit typo.]

  • zhunk@beehaw.org
    link
    fedilink
    arrow-up
    4
    ·
    6 months ago

    Gini above 0.4 bears a high risk for social unrest

    The US in 2022 has a GINI of 0.488. Not great.

      • zhunk@beehaw.org
        link
        fedilink
        arrow-up
        5
        ·
        edit-2
        6 months ago

        Source

        I didn’t mean it as whataboutism to justify China’s situation, just as a tangent about the US also having work to do. I agree, now that you said it, that it looks like whataboutism.

        Hopefully the drop in the US over the past two years turns into a longer trend.