Posted inCommunity & Education

Hong Kong’s wealth gap reaches ‘tipping point’ under Covid as unemployment rises among poor, Oxfam says

The pandemic has worsened Hong Kong’s wealth gap, with the city’s poorest making 47 times less than its richest residents, Oxfam Hong Kong has said. In the pre-Covid era, the highest earners made 34.3 times more. “The wealth gap of Hong Kong has reached the tipping point,” Oxfam’s director general Kalina Tsang said on Wednesday. […]