According to the 2018 report by Credit Suisse Bank, Russia is well ahead in the game of unequal distribution of assets and means.
India, #2 contender, allows the top 1% to own 52% of the country’s wealth. Prosperous Russians own 5% more than that.
Brazil is the next in the ranking at #3 and 43% of assets owned by the richest 1%.
The United States is at #4, with 35% of wealth owned by the most affluent.
• China: 33%
• Germany: 29%
• UK: 25%
• Canada: 24%
• Italy: 24%
• France: 22%
• Japan: 18%
The share of the richest has been growing in every country since 2007, except in Canada. https://blogs.elenasmodels.com/en/russia-inequality/
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11-14-17 The globe’s richest 1% own half the world’s wealth, according to a new report highlighting the growing gap between the super-rich and everyone else.
The world’s richest people have seen their share of the globe’s total wealth increase from 42.5% at the height of the 2008 financial crisis to 50.1% in 2017, or $140tn (£106tn), according to Credit Suisse’s global wealth report published on Tuesday. …
In the UK the wealthiest 1% have seen their share increase to nearly a quarter of all the country’s wealth.
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7-13-19 “We commend China's remarkable achievements in the field of human rights,” said the (2nd UN) letter….Echoing China's defence of the camps, Friday's letter described them as “vocational education and training centres. Now safety and security has returned to Xinjiang,” it said. https://www.dawn.com/news/1493657
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7-15-19 Those that signed the first UN letter, criticizing China, include: Australia, Austria, Belgium, Canada, Denmark, Estonia, Finland, France, Germany, Iceland, Ireland, Japan, Latvia, Lithuania, Luxembourg, the Netherlands, New Zealand, Norway, Spain, Sweden, Switzerland and the UK.
Signing the second UN letter, in defense of China’s policies, were: Algeria, Angola, Bahrain, Belarus, Bolivia, Burkina Faso, Burundi, Cambodia, Cameroon, Comoros, Congo, Cuba, Democratic Republic of the Congo, Egypt, Eritrea, Gabon, Kuwait, Laos, Myanmar, Nigeria, North Korea, Oman, Pakistan, Philippines, Qatar, Russia, Saudi Arabia, Somalia, South Sudan, Sudan, Syria, Tajikistan, Togo, Turkmenistan, United Arab Emirates, Venezuela and Zimbabwe. https://thediplomat.com/2019/07/which-countries-are-for-or-against-chinas-xinjiang-policies/
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7-18-19 UNITED NATIONS (Reuters) - Saudi Arabia on Thursday defended signing a letter along with 36 other countries in support of China’s policies in its western region of Xinjiang, where the United Nations says at least 1 million ethnic Uighurs and other Muslims have been detained. When asked about Saudi’s support for the letter, Saudi U.N. Ambassador Abdallah Al-Mouallimi told reporters in New York that the “letter talks about China’s developmental work, that’s all it talks about, it does not address anything else.”
A copy of the letter, seen by Reuters, said security had returned to Xinjiang and the fundamental human rights of people of all ethnic groups there had been safeguarded. “Faced with the grave challenge of terrorism and extremism, China has undertaken a series of counter-terrorism and deradicalization measures in Xinjiang, including setting up vocational education and training centers,” the letter read.
Human Rights Watch U.N. Director Louis Charbonneau said Al-Mouallimi’s characterization of the letter was “a slap in the face of Muslims being persecuted in China, inaccurate to the point of absurdity.”
Earlier this month the United States and Germany slammed China during a closed-door U.N. Security Council meeting over the detention centers. https://www.reuters.com/article/us-china-rights-saudi/saudi-arabia-defends-letter-backing-chinas-xinjiang-policy-idUSKCN1UD36J
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