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China'S Fortune Global Second Is A Kind Of Killing.

2015/10/15 18:07:00 14

China'S WealthMacro EconomyChina'S Market

China has another aura on its head.

According to the British Reuters reported on the same day, Investment Bank Credit Suisse 13 released the latest "Global Wealth Report" shows that China has a fortune of 22 trillion and 800 billion dollars to replace Japan to become the world's second.

Rich country

Second only to the United States; the number of middle class in China is 109 million, the number one in the world.

For Chinese people, the so-called global wealth of China is second, the aura is really empty.

Instead of being proud of this, Chinese people should be vigilant against the "killing and killing" brought about by this aura, and watch out for a repeat of the conspiracy similar to the UN's request to increase China's membership fees.

Although it is only second in the world, this "halo" has made people feel on pins and needles.

Although the authenticity of the data may be credible, it is obviously "rich" for most of the Chinese.

This is like the propaganda of the Swedish daily a year ago that China's GDP surpassed the United States and became the world's first.

If the United Nations recently planned to increase its membership fees in a big way, it should be the most direct consequence of "killing and killing".

After all, China is a large population country. According to the total amount of wealth, China is not worth showing off even the world's first.

As mentioned in Credit Suisse report, China

Middle class

The number is 109 million, and the total number of people in many countries is not up to that.

On average, China's per capita wealth fell sharply.

For 1 billion 300 million persons, the average per capita is only 17 thousand and 500 dollars.

As far as China's standard of living is concerned, 17 thousand and 500 dollars is not wealth.

Moreover, the per capita wealth data will also enrich many Chinese people.

Because in China, the large personal income gap is obvious to all.

The Gini coefficient as a measure of residents' income gap was 0.469 in 2014.

According to the definition of the United Nations, Gini coefficient 0.4-0.5 indicates that the income gap is too large, and more than 0.5 means a serious income gap.

It is precisely because of the large income gap between individuals that the wealth of many people, even the vast majority of Chinese people, has not reached the average of US $17 thousand and 500.

China's fortune's global aura of second is even more illusory for them.

It is especially important for those who have achieved wealth.

Mean line

For many urban residents, even though they own or even surpass $17 thousand and 500 in wealth, this does not mean that they have the ability to pay for their wealth.

For most of the urban residents, the wealth they possess is, to a certain extent, "dead wealth".

Because their greatest wealth is housing.

Take the first tier cities in the north, Guangzhou and Shenzhen as an example. Having an apartment means that they have millions of wealth. According to a family of three people, almost everyone is a millionaire.

But many of these millionaires are "house slaves". In the next ten or twenty years, they must live in debt.

Unless they are no longer living in this city, the wealth can be seen and touched, but they can not really enjoy the happiness of wealth.


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