Going by GINI coefficient, they’re pretty similar, but the US is worse. US is around 39-41 while China is around 35-37 (0 is perfect equality, so lower is better). China ranks around 100th in the world while the US is around 140th. Different organizations measure this with slightly different data and methodology so there’s no objective answer, but the US is definitely worse than China while both are worse than the global by-country average. China’s income inequality has substantially decreased over the last 15 years and all income groups have had substantial increases in their wealth. In the US, inequality has gotten substantially worse since 2016.
I mean I was never even close to thinking the US had better equality, but a lil’ sad to see China 100th in the world for equality. Hopefully they continue to improve in that metric.
Going by GINI coefficient, they’re pretty similar, but the US is worse. US is around 39-41 while China is around 35-37 (0 is perfect equality, so lower is better). China ranks around 100th in the world while the US is around 140th. Different organizations measure this with slightly different data and methodology so there’s no objective answer, but the US is definitely worse than China while both are worse than the global by-country average. China’s income inequality has substantially decreased over the last 15 years and all income groups have had substantial increases in their wealth. In the US, inequality has gotten substantially worse since 2016.
I mean I was never even close to thinking the US had better equality, but a lil’ sad to see China 100th in the world for equality. Hopefully they continue to improve in that metric.