China’s widening wealth gap: woman posts pics of dress made from banknotes

Michael Allan McCrae | November 28, 2012 | 2:10 am Precious Metals Asia China Gold 

While the widening wealth gap and the perceived unfairness of the current political system in China has been well-reported,  it may be the symbols of excess that prove to be more damaging.

Queue pics of a woman showing off a dress made of out banknotes that is worth 200,000 renminbi ( Can$31,946.40). People’s Daily Online reports that the dress was a gift from her sugar daddy.

BBC reports that the top 10% of households in China own 85% of the country’s total assets and 57% of total income, levels found only in some African countries.

Hat tip, David Frum

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4 Comments

  • Bill Kandravi

    Obama can not come to my house with his communistic goals and should be made to leave and run an embassy instead of golfing, in Hawaii on the American dollar he has been a disgrace and any award he should be shared with the racist AL Shapton they both hate THE USA AND BOTH SHOULD BE PUT ON TRIAL LIKE ALL LAWBREAKERS , IF YOU WANT A RACIST HATER YOU GOT ONE, I was never a fan of Oprah and she got him elected and now she hates him because his wife and mother in law said she is taking your power away, if you ask her know dhe would say take the tv show and all there worthless worthless followers go do there show the view in the Congo or Kenya hate

  • Peter

    Maybe shes a Gold digger?

  • Dave

    Meh. Every country in the world is the same. It’s like Australia pointing to China and saying “haha, your malignant melanoma is 10% bigger than ours”

  • Bobby

    what is this to do with mining??

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