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Re:Evergrande has defaulted on its debt, Fitch Ratings says by servercobra on Thursday December 09, 2021 @09:07AM (#29497460)
No, the ratio is lower in cities [1], only 16.9 in Beijing, which has the highest city ratio. I'm guessing because of the very large poor population, it drags the average income down, whereas people in cities aren't making poor farmer wages, so the individual city ratios are lower.

[1]: https://www.lincolninst.edu/sites/default/files/pubfiles/sun... see page 11

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