This paper gives a comprehensive analysis of income and wealth inequality in China during its recent remarkable economic transformation. Using comprehensive data from the China Household Finance Survey (CHFS) between 2011 and 2019, I present the first empirical study on income and wealth inequality in urban and rural China. The results indicate a steady rise in income inequality over time, resulting in persistent wealth inequality. These findings shed light on policies that aim at reducing economic inequality.
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Qiu et al. (2024) studied this question.
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