income inequality

income inequality

China Trends: income survey mocked and a pregnant coronavirus patient takes flak
Every Tuesday and Thursday, China Trends takes the pulse of the Chinese social media to keep you in the loop of what the world’s biggest internet population is talking about. No money, no problems? Chinese internet users have criticized a state media report for suggesting that, based on a survey, people with high incomes are not necessarily happier than people who make less money. According to the survey conducted by state broadcaster CCTV, about 60% of respondents who made 1 million yuan ($141,800) a year reported feeling content, while 58% of those with an annual income of 200,000 yuan ($28,360) gave the same answer. Those in lower-income brackets recorded satisfaction ratings of between 3