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Wang estimates that the per-capita disposable income of urban Chinese households in 2008 should be Rmb32, 154, 90% above the official data.
FORBES: The Chinese Have $1.5 Trillion In Hidden Income
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After including the hidden income, urban disposable income per capita reaches Rmb32, 000, almost double that of the official data.
FORBES: The Chinese Have $1.5 Trillion In Hidden Income
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High income households (the top 20-30%) should have a per-capita disposable income of Rmb55, 000, instead of the officially announced Rmb26, 000.
FORBES: The Chinese Have $1.5 Trillion In Hidden Income
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The analysis shows that the top-10% of households should have a per-capita disposable income of Rmb139, 000 in 2008, instead of the official data of Rmb44, 000.
FORBES: The Chinese Have $1.5 Trillion In Hidden Income
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Aggregated population statistics and data on GDP per capita and disposable income correlate poorly with the size of specific income segments, a core determinant of the attractiveness of consumer markets.
FORBES: Unlocking China's Consumer Power