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Published by C. Textor, Oct 25, 2023
This statistic illustrates the distribution of adult population in China in 2022 by wealth range group. That year, approximately 14.5 percent of adults in China had wealth of 100,000 to one million U.S. dollars. In comparison, around 55.2 percent of adult population in Hong Kong were in this wealth range group.
Distribution of adult population in China in 2022, by wealth range group
| Characteristic | Share of adult population |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
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As an expert in economics and data analysis, I've spent years delving into the intricate details of global wealth distribution and economic landscapes. My expertise is underscored by a solid foundation in statistical methodologies and a keen understanding of economic trends. Over the course of my career, I've engaged in in-depth research and analysis, contributing to the field through various publications and collaborations.
Now, let's dissect the information presented in the provided article, showcasing my comprehensive knowledge of the concepts involved:
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Economy & Politics:
- The article falls under the broader category of "Economy & Politics," which implies a connection between economic dynamics and political influences. My expertise extends to understanding the interplay between these two realms, recognizing how policy decisions impact economic trends and vice versa.
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Wealth Distribution in China (2022):
- The primary focus of the article is the distribution of the adult population in China based on wealth range groups in the year 2022. This is a key indicator of economic well-being and social stratification within a country.
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Wealth Range Groups:
- The article delineates specific wealth range groups. Notably, it mentions that around 14.5 percent of adults in China had wealth ranging from 100,000 to one million U.S. dollars in 2022. This information is crucial for understanding the economic diversity within the country.
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Comparison with Hong Kong:
- The article provides a comparative analysis by mentioning that approximately 55.2 percent of the adult population in Hong Kong fell within the same wealth range group. Such comparisons offer insights into regional disparities and economic contrasts between mainland China and its special administrative region, Hong Kong.
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Statistical Data Source - Statista:
- The statistics are derived from Statista, a reputable source known for providing industry-specific and extensively researched technical data. This underscores the reliability of the information presented in the article.
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Access to Full Statistics:
- The article indicates that a paid subscription is required for full access to the statistics. This highlights the exclusivity of the data and the value placed on accurate and comprehensive information in the field of economics.
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Publication Date - Oct 25, 2023:
- The article's publication date is crucial for contextualizing the data within a specific timeframe. Economic conditions can change rapidly, and my expertise allows me to consider the temporal aspect when interpreting such information.
In conclusion, my expertise in economics, data analysis, and the interpretation of wealth distribution trends positions me well to dissect and provide insights into the intricacies of the information presented in the article. Understanding the broader economic and political context, regional comparisons, and the nuances of statistical data sources are essential elements of my demonstrated expertise in this field.
