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HK’s rising wealth gap poses challenge

Hong Kong’s wealth gap increased in the decade to 2011 as its population aged and employers demanded more high-skilled workers.

The city’s Gini coefficient, an index of the income gap, rose to 0.537 in 2011, from 0.525 in 2001, the government said on Monday in a report. The gap is wider than in Canada, the UK, the US, Australia and Singapore, the report said.

(Source: Shanghai Daily )